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This paper concerns marginal cost pricing in a capacity expansion problem for the electric utility industry. We develop a characterization of equipment selection and marginal capital cost allocation based on an optimal capacity plan, in the context of either a finite, discretely distributed...
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Incident response strategies deal with the resource allocation and minimum risk re-routing of hazardous material carriers in response to traffic incidents. Such strategies also address the effect of loss in coverage due to the non- availability of response vehicles. In addition, the effect of an...
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