To add on to Sienne's description about the depot - I think it's helpful to think of it sort of like timed release meds. Once the depot is in the body, it continuously gives out. Yesterday you gave Smokey 2.0u both morning and evening. This morning you reduced the dose to 1.75u - the depot from the 2.0u is larger than the depot that will exist at 1.75u, so that 2.0u depot will continue giving out at the same rate for as many as 6 cycles after you reduce the dose. By the time 6 cycles are passed, the depot will have reduced to be commensurate with the 1.75u dose. The effect from the 2.0u depot would be greatest soon after you reduced, and would lessen as you got farther away from the 2.0u shot. Not sure if I'm explaining that well, but perhaps you get it.
The practical implications of that are that if Smokey had gotten into the 50's again this morning after you reduced the dose, we'd probably have "blamed" today's 50's on the depot from the 2.0u and suggested that you might want to still hold the dose at 1.75u while the depot adjusted. If he gets to 50 on the 5th cycle after you reduced him to 1.75u, then I'd assume he was reacting to the 1.75u dose and probably needed a dose decrease again.
Another factor that can be at play is that absorption rates can vary from one shot to the next by as much as 50%. Meaning that you can keep giving the same dose, but the response in the body can vary because it can absorb more or less from one shot to the next.