Congestion management in electricity markets is traditionally done using deterministic values of power system parameters considering a fixed network configuration. In this paper, a stochastic programming framework is proposed for congestion management considering the power system uncertainties. The uncertainty sources that are modeled in the proposed stochastic framework consist of contingencie...

In this study, an investigation of long-term forecasts relating to the development of the transport sector in Poland is performed, including the ones by 2030 and 2050. Selected transport development forecasts from the perspective of the membership of Poland in the European Union are presented and most of all, from the perspective of national studies. The basement for the review was the prognosi...

En route airspace congestion, often due to convective weather, causes system-wide delays and disruption in the U.S. National Airspace System (NAS). Present-day methods for managing congestion are mostly manual, based on uncertain forecasts of weather and traffic demand, and often involve rerouting or delaying entire flows of aircraft. A sequential decision-making approach is proposed, in which ...

Performance measurement is an important component of lean-based management systems, however cost management systems or analysis have largely been applied at a high level and have not attempted to measure or model the production cost impacts of disruption on a lean project. While it is important to develop systems for practical site management, it is equally important to ensure that such systems...

I examine the impact of management cash flow forecasts on investors and analysts. The news in management cash flow forecasts is priced beyond total earnings news. Analysts revise earnings forecasts more for the news in these forecasts than for the news in accruals. I further find that the market’s higher pricing of cash flow forecast news is greater for firms 1) with bad earnings news, 2) in fi...