A new ammonia-water power cycle (AWPC) basing on Kalina cycle is presented in this paper, which supply an effective way for low-moderate temperature geothermal power in China. The thermodynamic models of AWPC are established considering of the ratio of power generation as the optimization...

This paper briefly introduces the characteristics of Distributed Combined Cooling, Heating and Power (CCHP) System, and indicates that the off-design conditions are the root cause of the performance reduction of system. An active regulation method based on system performance improvement is...

Risk Adjusted Return On Capital (RAROC) is a loan-pricing criterion that has become increasingly prevalent in the banking industry since the 1990s. Under RAROC, a bank sets the loan term such that a certain rate of return is achieved on the regulatory capital required by the Basel capital...

Product substitution can mitigate supply chain disruptions. However, it may not be very effective without multiple sourcing. In this paper, we consider a supply chain with two downward substitutable products. The products can be ordered from an unreliable supplier or a reliable but more...

We study a tanker chartering decision problem faced by refinery companies. The decision process is formulated as an optimal stopping problem with geometric Brownian motion for the spot freight rate dynamics and a Poisson type arrival process for the tankers. We show the problem can be solved...

Banks worldwide are required to hold a certain amount of regulatory capital to cushion against loans' unexpected losses. Currently, there are two widely adopted approaches in calculating regulatory capital: the standardized approach (the amount of regulatory capital equals to a certain...

A new ammonia-water power cycle (AWPC) basing on Kalina cycle is presented in this paper, which supply an effective way for low-moderate temperature geothermal power in China. The thermodynamic models of AWPC are established considering of the ratio of power generation as the optimization...