The paper analyzes the approaches for transmission cost allocation and centralized pool-based electricity price calculation. It is required to identify the contribution of individual generators and loads to the line flows. A study on IEEE 26 bus system has been presented in this research work...

Purpose – The purpose of this paper is to propose an integrated qualitative and quantitative approach to the development of a balanced scorecard (BSC) for a real life case company KVIC (Khadi and Village Industries Commission, organic food sector, India). Design/methodology/approach – In...

An attempt has been made to formulate and apply an overhaul and replacement decision model in the context of maintenance of capital equipment in a government utility (power generation) plant. The method of solution used is a recursive one, where the problem involves repetitive decisions over a...

Presents a modification of Saniga′s model for joint economic design of process control parameters, i.e. sample size, sampling frequency and critical regions for X and R charts. The objective is to minimize the total system cost, which consists of the cost of sampling and charting, the cost of...

Purpose: The purpose of this paper is to investigate and analyze the challenges of quality skill development in complex and large economies like India and develop innovative processes of improving employability. Design/methodology/approach: The problem areas and gaps have been identified...

Purpose: The purpose of this paper is to provide a framework for assessing the overall innovativeness of manufacturing firms using a multi-attribute group decision-making methodology. Design/methodology/approach: This study identifies the indicators of firms’ innovativeness from the...