4 ms·
If rate-of-change of demand is acceleration, that means demand itself is speed and is measuring a rate-of-change. What is demand measuring the rate of change of
by digging 3y ago
If rate-of-change of demand is acceleration, that means demand itself is speed and is measuring a rate-of-change. What is demand measuring the rate of change of?
Acceleration decreased such that it is negative. Negative acceleration is "slowing down."
- thebruce87m 3y ago> demand itself is speed Ok, let’s substitute that into the original comment, instead of: > demand has slowed down recently we get: > speed has slowed down recently Nothing to do with the rate of change of speed, just speed itself. In other words: In terms of _speed_, this would indicate that _speed_ was once higher and is now lower. Let’s translate that same sentence back substituting speed with demand: In terms of _demand_, this would indicate that _demand_ was once higher and is now lower. That statement cannot be true as 2023 demand was the highest ever.
- digging 3y agoI think you misread my comment. Demand is not analogous to speed, it's analogous to position. I was asking how you were relating demand to speed, in your comment. It may be easier if you start using "rate-of-change of demand" instead of speed.
- thebruce87m 3y agoWhen we talk about supply and demand for cars, it has a time element. Units per year, units per quarter and so on. It is analogous to speed. Doing anything else would make it impossible to plan the supply chain. Where it could be different is in places like power generation. You might talk about peak demand in Watts, and daily demand in watt-hours.
- digging 3y agoI see. Then, if demand is the rate of... demand (?), it is analogous to speed and it's not appropriate to say "slowing down", as you say.