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minimum; and the expression LT denotes the ratio of the cost of lamps when the total cost is a minimum, to the minimum total cost. An examination of all these curves shows that while the minimum total cost varies with each of the three quantities—price of lamps, quality of lamps, and cost of current—nevertheless, the total cost is always a minimum when the cost of lamps is about 14.5 or 15 per cent, of the total cost of operation.
This figure varies somewhat in the different examples considered, but the variation seems to follow no law. In Figs. 6 and 12, which show the highest and lowest efficiency lamps, the figures are 15.1 per cent, and 15.4 per cent, respectively.
The steepness of the curve showing the cost of lamps, and the difficulty of determining the exact minimum point of a curve which has been drawn by inaccurate methods, makes it difficult to get the cost of lamps accurately when total cost is a minimum. These curves and
