In the scope of a recently launched European Research Project, a team of experts from public laboratories and TSO is in charge of defining the concepts and methodological approaches to design and analyse the technical and economic feasibility of future HVDC grids. This work aims at identifying,...

Limits of error for inventory differences (LEIDs) using variance propagation techniques have been discussed in previous INMM meetings. However, using the variance propagation methodology with a large number of actual inventory measurements on a monthly basis requires the use of an automated LEID...

Triple Diagonal (M) modeling is a technique to help quickly diagnose an organization`s existing production system and to identify significant improvement opportunities in executing, controlling, and planning operations. TD modeling is derived from ICAM Definition Language (IDEF 0)-also known as...

The Process Control Systems Forum (http://www.pcsforum.org) is an open, collaborative, voluntary forum established by the Department of Homeland Security. The purpose of the Forum is to accelerate the development of technology that will enhance the security, safety, and reliability of process...

Limits of error for inventory differences (LEIDs) using variance propagation techniques have been discussed in previous INMM meetings. However, using the variance propagation methodology with a large number of actual inventory measurements on a monthly basis requires the use of an automated LEID...

Statistical tests based on the scan statistic are introduced for detecting possible increases in the occurrence of hospital events. The tests use a moving window and the theoretical aspects of the tests are investigated using Markov chain theory. The main objective of this study is to provide a...

The profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity market models with stochastic dynamic programming to evaluate power plant investments under uncertainty. The application of...

We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner's econometric activity on optimal consumption and investment. Here, learning introduces two sources of risk about future payoffs: structural uncertainty and uncertainty from the anticipation...

Models of agricultural economics typically operate at an annual basis or in a static equilibriumframework where inputs, outputs and their prices may change considerably. Production dynamics,however, imply that models relying on spatial and temporal aggregation do not capture the effects...

Introduction of foot and mouth disease (FMD) into country typically initiates eradication procedures which remove animals from the market, and halts the export of livestock products from the infected country. The magnitude of these effects can be highly uncertain. This paper presents a...