I guess the derivation part does sound homeworky, so I guess I'll clarify my position.
Here in Western Australia the power industry has recently become regulated, were it was self regulated in the past. So in that situation, if there qere questions about how things were done it wasn't really...
I was wondering if anyone knew where the origins of these diversity factor formulae for 'After Diversity Maximum Demand' originated from. I've seen them used everywhere but no derivation, only the occasional one liner saying empirical verification was done.
Residential
DF(N) = (N+1)/N...