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For this task we were required to create a model that can be used to economise on my quarterly household electricity bill.
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Coursework modelling 1B - Write Up For this task we were required to create a model that can be used to economise on my quarterly household electricity bill. My family quarterly electricity bill may be too high. I need to try and devise a method to bring the bill down to an acceptable level. There are lots of aspects of an electricity model that need to be known. Some of the important ones are: * Unit- these are kilowatt-hours, which are the amount of hours an appliance uses multiplied by the kilowatts the appliance has. * Tariff- the rate at which a company charges a unit. * Two-tier tariff- this can also be called a split rate. There are two different costs per unit. There is usually a cost for the first units up to a certain value, sometimes known as a split value, and a different cost per unit for any units...
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