In this paper, a heuristic mathematical model for optimal decision-making of a Distribution Company (DisCo) is proposed that employs demand response (DR) programs in order to participate in a day-ahead market, taking into account elastic and inelastic load models. The proposed model is an extended responsive load modeling that is based on price elasticity and customers’ incentives in which they...

This paper proposes an economic dispatch strategy for the electricity system with one generation company, multiple utility companies and multiple consumers, which participate in demand response to keep the electricity real-time balance. In the wholesale markets, multiple utility companies will commonly select a reliable agent to negotiate with the generation company on the wholesale price. It i...

Newspaper companies all over the world are faced with the challenge of how to react to digital convergence and reformulation of the media field. The study describes the transfer from paperbased publishing to multi-channel publishing in a Finnish newspaper publishing company and how this was experienced by the participants. The case analysis covers the news products of the company, the editorial...

This paper discusses the present hazardous waste program of 3M Company (Minnesota Mining and Manufacturing Company). 3M's definition of hazardous waste and the company's position on hazardous waste disposal are first considered. The company position is that wherever and whenever the disposal of a waste material threatens the environment or public safety, then that waste should be considered a h...

This paper presents a framework for evaluating the business value of mobile technology in the context of process transformation. It is argued that evaluating mobile applications must be done in that context. The proposed framework provides a starting point for companies to evaluate technology investment decisions in the context of enabling the enterprise for the next generation eBusiness practi...

The METIS project is laying the foundations of Fifth Generation (5G) mobile and wireless communication system putting together the point of view of vendors, operators, vertical players and academia. METIS envisions a 5G system concept that efficiently integrates new applications developed in the METIS horizontal topics and evolved versions of existing services and systems. This article provides...

In an electricity market, every generation company (GENCO) attempts to maximize profit according to other participants bidding behaviors and power systems operating conditions. The goal of this study is to examine the optimal bidding strategy problem for GENCOs in energy and spinning reserve markets based on a hybrid GA-heuristic optimization algorithm. The heuristic optimization algorithm used...

In this study, we are building a prototype of a machine-learning system using an inductive supervised approach to predict the logistical performance of a company. Focus lies on the learning phase, the handling of different types of data, the creation of new concepts in order to provide better measurable information. In this system, numeric financial data are combined with categorical data creat...

In this study, we are building a prototype of a machine-learning system using an inductive supervised approach to predict the logistical performance of a company. Focus lies on the learning phase, the handling of different types of data, the creation of new concepts in order to provide better measurable information. In this system, numeric financial data are combined with categorical data creat...