Showing 1 - 7 of 7
We introduce a novel chance-constrained stochastic unit commitment model to address uncertainty in renewables’ production in operations of power systems. For most thermal generators, underlying technical constraints that are universally treated as “hard” by deterministic unit commitment...
Persistent link: https://www.econbiz.de/10014504107
In this paper we turn our attention to comparing the policy function obtained by Beck and Wieland (J Econ Dyn Control 26:1359–1377, <CitationRef CitationID="CR6">2002</CitationRef>) to the one obtained with adaptive control methods. It is an integral part of the optimal learning method used by Beck and Wieland to obtain a policy...</citationref>
Persistent link: https://www.econbiz.de/10010995470
This paper deals with stochastic scheduling of nuclear power plant outages. Focusing on the main constraints of the problem, we propose a stochastic formulation with a discrete distribution for random variables, that leads to a mixed 0/1 quadratically constrained quadratic program. Then we...
Persistent link: https://www.econbiz.de/10010593406
In this paper, we construct a supply chain network model with information asymmetry in product quality. The competing, profit-maximizing firms with, possibly, multiple manufacturing plants, which may be located on-shore or off-shore, are aware of the quality of the product that they produce but...
Persistent link: https://www.econbiz.de/10010949672
Persistent link: https://www.econbiz.de/10010846151
In this paper, we develop a competitive supply chain network model with multiple firms, each of which produces a differentiated product by brand and weights the emissions that it generates through its supply chain network activities in an individual way. The supply chain network activities of...
Persistent link: https://www.econbiz.de/10010728113
Persistent link: https://www.econbiz.de/10008673869