The appropriate maintenance strategy is essential for maintaining the thermal power plant highly reliable. The thermal power plant is a complex system that consists of various subsystems connected either in series or parallel configuration. The boiler-furnace (BF) system is one of the most...

The present study investigates the impact of various factors affecting coal-fired power plant economics of 210 MW subcritical unit situated in north India for electricity generation. In this paper, the cost data of various units of thermal power plant in terms of power output capacity have been...

Expected utility theory views the individual investment decision as a tradeoff between immediate consumption and deferred consumption. But individuals do not always prefer according to the classical theory of economics. Recent studies on individual investor behavior have shown that they do not...

Individual investor behaviour is motivated by a variety of psychological heuristics and biases. Using survey data of more than 350 individual investors, we document four important results in the context of Indian individual investor behaviour. First, investors make investment decisions based on...

Cost Benefit analysis of woolen industry is discussed about for consistent state using Regenerative Point Graphical Technique. Woolen industry isolated into four subsystems. Fuzzy logic is being applied to decide the disappointment condition of subsystems. A single repairman is available 24*7....