For studying the business processes we must have economic knowledge. By applying formal models the business processes are easier to understand, studied and optimized.

This paper develops mathematical models of the tragedy of the commons analogous to ecological models of resource consumption. Tragedies differ fundamentally from predator–prey relationships in nature because human consumers of a resource are rarely controlled solely by that resource. Tragedies...

For some locations both global and diffuse solar radiation are measured. However, for many locations, only global is measured, or inferred from satellite data. For modelling solar energy applications, the amount of radiation on a tilted surface is needed. Since only the direct component on a...

The paper addresses the electricity market with conventional energy sources on fossil fuel and non-conventional renewable energy sources (RESs) with stochastic operating conditions.

The developed 1-dimensional biomass gasification mathematical model [1] was validated using the experimental results obtained from a circulating fluidized bed biomass gasifier. The reactor was operated on rice husk at various equivalence ratios (ER), fluidization velocities and biomass feed...

This paper aims to prolong the heat pump frost time and reduce its growth with heat recovery facility, which should mix the exhausted indoor and outdoor air before entering the evaporator. An ideal mathematic model is developed for heat transfer, frost generation and airside pressure drop. The...

A mathematical model for computing the thermal performance of a single pass flat-plate solar air collector is presented. Air channels were formed by providing metal slats running along the circulated air passage linking the absorber plate by the bottom one in an endeavor to enhance the thermal...

The mathematical model of plate heat exchanger (PHE) is developed using decomposition of the plate on its main corrugated field, which cause major effect on heat transfer, and distribution zone, which influences mostly the hydraulic performance. Model is validated on experimental data for some...

This paper describes the development of a mathematical model to determine the optimized energy losses for a set of boilers (with a wide operating margin) supplying a common load. The model can be applied to steam systems that have a group of liquid- or gas-fired shell boilers available for use....

This paper describes a mathematical model for predicting the mass of water vapor generated in micro-explosion. First, a single droplet experiment was carried out. A W/O (water/oil) emulsified fuel droplet suspended by a thermocouple was heated by a halogen spot heater, and micro-explosion was...