The microgrid with renewable sources possesses stability issues. During the grid-connected mode, these issues are taken care by the external grid. However in case of islanding, the distributed generators within the microgrid, have to take care of these issues independently. It needs additional backup like diesel generation or battery storage, which increases the overall capital and operation co...

The applicability of Net Present Value (NPV) in an investment project is becoming more and more popular in the field of engineering economics. The classical NPV methodology involves only the precise and accurate data of the investment project. In the present communication, we give a new mathematical model for NPV which uses the concept of intuitionistic fuzzy set theory. The proposed model is b...

We examine project scheduling with net-present-value objective and exponential activity durations, using a continuous-time Markov decision chain. Based on a judicious partitioning of the state space, we achieve a significant performance improvement compared to the existing algorithms.

This paper estimates the incremental cost-effectiveness of providing antenatal anti-D prophylaxis in varying dose sizes to either primigravidae or all Rh D negative women. It presents a model for calculating the net cost per 1000 'at risk' women based on the costs of anti-D prophylaxis and the future NHS costs avoided. Incremental cost-effectiveness is measured in terms of the net cost per Rh D...

Decisions about life annuities are an important part of consumer decumulation of retirement assets, yet they are relatively underexplored by marketing researchers studying consumer financial decision making. In this article, the authors propose and estimate a model of individual preferences for life annuity attributes using a choice-based statedpreference survey. Annuities are presented in term...

The Resource-constrained Project Scheduling Problem (Rcpsp), in which a schedule must obey the resource constraints and the precedence constraints between pairs of activities, is one of the most studied scheduling problems. An important variation of the problem (RcpspDc) is to find a schedule which maximises the net present value (discounted cash flow), when every activity has a given cash flow...

Lajos Juhász Institute of Corporate Economics Faculty of Economics NET PRESENT VALUE VERSUS INTERNAL RATE OF RETURN University of West Hungary [email protected] ABSTRACT. The economic professional literature which deals with investment decisions can be characterised in general that the net present value shows objective picture for the decision maker while the internal rate of return – not...

The study on gender and net farm income of cassava-based farmers under individual land tenure system was done in Abia State of Nigeria. The main objective was to determine the Net Farm Income (NFI) and the Benefit Cost Ratio (BCR) of the cassava farmers by gender vis-aviz their income levels as well as food security in the state. A multi-stage random sampling technique was adopted while data we...

In this paper, we present a method for the synthesis of extended Petri net based distributed specification. Our method finds an optimal allocation of resources (computational data) that optimizes the derived distributed specification, based on some reasonable communication cost criteria.