Demand-side management is a resilient concept [...]

In this paper, a single-product, single-machine system under Markovian deterioration of machine condition and demand uncertainty is studied.  The objective is to find the optimal intervals for inspection and preventive maintenance activities in a condition-based maintenance planning with discrete monitoring framework. At first, a stochastic dynamic programming model whose state variable is the ...

Di erences in the e ectiveness and side e ects of di erent drugs introduces uncertainty into pharmaceutical demand. This in turn introduces dynamic aspects to drug choice: patients have an incentive to experiment to gain information useful for future choices. Exploiting a rich panel dataset on anti-ulcer drug prescriptions, the purpose of this paper is to measure the importance of uncertainty a...

We consider a smart grid with an independent system operator (ISO), and distributed aggregators who have energy storage and purchase energy from the ISO to serve its customers. All the entities in the system are foresighted: each aggregator seeks to minimize its own long-term payments for energy purchase and operational costs of energy storage by deciding how much energy to buy from the ISO, an...

The main aim of this paper is to select the best portfolio of renewable energy technologies (RETs) for electrifying an elected area which is not connected to any other grids. Minimizing total costs of the system is considered as the main factor in finding the best decision. In order to make the optimum plan more applicable, the technique of life cycle analysis is applied. This technique takes i...

transmission network expansion planning (tnep) is an important component of power system planning. itdetermines the characteristics and performance of the future electric power network and influences the powersystem operation directly. different methods have been proposed for the solution of the static transmissionnetwork expansion planning (stnep) problem till now. but in all of them, stnep pr...

Industrial halls are mainly low-rise rectangular-shaped structures of simple construction. The relatively loose requirements in space conditioning and the comparatively high internal heat gain make the approach in industrial hall design quite different from that of office building design. The simplicity in building geometry and construction method allows the investigation of energy consumption ...