This paper seeks to investigate operating efficiency of the South Eastern European banking sector, an emerging region that has rarely been investigated, over the period 1998-2003 and to examine the relationship between operating costs and various banks’ characteristics. We compile the variables of our model using accounting data. Subsequently, we investigate banking production costs across seve...

the impact of installing process control systems can be expected in terms of performance improvements through reduced operating costs.  since these installations impose considerable capital expenditure, the profitability of the new systems should be economically justified. controlled variable trend was reconstructed by a combination of simple waves, which provided a means to simulate the effect...

Wind power generation is variable and uncertain. In the power systems with high penetration of wind power, determination of equivalent operating reserve is the main concern of systems operator. In this paper, a model is proposed to determine operating reserves in simultaneous market clearing of energy and reserve by stochastic programming based on scenarios generated via Monte Carlo simulation ...