In this research, we propose a bi-objective model for the economic-statistical design of the X-bar and S control charts. The model minimizes out-of-control average time to signal as well as minimizing mean hourly loss-cost where it incorporates the Taguchi loss function. Statistical constraint is considered in the model to achieve desired in-control time to signal. A non-dominated sort...

Nowadays, demand response programs (DRPs) play an important role in price reduction and reliability improvement. In this paper, an optimal integrated model for the emergency demand response program (EDRP) and dynamic economic emission dispatch (DEED) problem has been developed. Customer’s behavior is modeled based on the price elasticity matrix (PEM) by which the level of DRP is determined for ...

Using second-generation biomass and biofuel deal with environmental pollution and CO2 emissions. Therefore, this paper design an integrated multi-period bi-objective biofuel supply chain network using support vector machine (SVM) and economic analysis to reduce the cost of generating biofuels and CO2 emissions. The economic analysis consists of three scenarios for supplyin...

The major problem of wind turbines is the great variability of wind power production. The dynamic change of the wind speed returns the quantity of the power injected to networks. Therefore, wind–thermal generation scheduling problem plays a key role to implement clean power producers in a competitive environment. In deregulated power systems, the scheduling problem has various objectives than i...

The connections between people, parks, and tourism have received significant attention in recent years, recognizing the potential for mutually beneficial relationships. Ecotourism has been promoted and widely adopted as a strategy for funding conservation initiatives, while at the same time contributing to the socioeconomic development of host communities and providing for quality tourism exper...

The electrical energy is a primary prerequisite for economic growth. Modern power system operates under much stressed conditions because of growth in demand and deregulation of electric power system. Cogeneration and power generation from renewable play a key role in these scenarios. In this paper the affects of DE on the system voltage stability has been assessed. The maximum loadability margi...

In the last three decades tourism has contributed greatly to the economy of Cyprus, averaging 20% or higher with respect to the overall GDP. With the worldwide climate of economic recession, many industries including tourism face a less certain future. The possible fluctuations in dynamics and the direct effects on society and economy challenge the idea that the tourism industry is a financiall...