Dynamic equilibrium condition (DEC) is described as a steady-state condition at which the normal wear rate in a machine causes no net gain or loss of particles. The concept of DEC of particles is ...

A dynamic equilibrium is formed in a reversible reaction when the rates of the forward and reverse reaction are equal and the amounts of the reactants and the products remains constant. In this ...

We discuss the development and structure of the University of Alberta BALANCE model of Canadian energy supply and demand. The model is a multi-time-period linear programming formulation of Canadian ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

We study the behavior of large loss networks in which the offered traffic is subject to acceptance controls. Hunt and Kurtz proved a functional law of large numbers for the dynamics of such networks, ...