This paper proposes an Optimal Power Flow (OPF) algorithm by Direct Load Control (DLC) programs to optimize the operational cost of smart grids considering various scenarios based on different constraints. The cost function includes active power production cost of available power sources and a novel flexible load curtailment cost associated with DLC programs. The load curtailment cost is based ...

We predict the onset of personal bankruptcy using least squares regression. Although well publicized, only 2,244 bankruptcies occur in our data set of 2.9 million months of credit-card activity. We use stepwise selection to find predictors of these from a mix of payment history, debt load, demographics, and their interactions. This combination of rare responses and over 67,000 possible predicto...

wind power has been widely considered in recent years as an available and a clean renewable energy source. the cost of wind energy production is currently the main issue, and increasing the size of wind turbines can reduce wind energy production costs. hence, megawatt wind turbines are being rapidly developed in recent years. in this paper, an aerodynamic analysis of the nrel 5mw turbine is car...

one of the most important aspects of software project management is the estimation of cost and time required for running information system. therefore, software managers try to carry estimation based on behavior, properties, and project restrictions. software cost estimation refers to the process of development requirement prediction of software system. various kinds of effort estimation patter...

the conventional method towards deriving schedule for a fleet of ships to minimize cost alone has the short-coming of not addressing the problem of operation revenue losses associated with delays during maintenance at ships dockyards. in this paper, a preventive maintenance schedule for a fleet of ships that incorporates op-portunity cost is presented. the idea is to assign a penalty cost to al...

the current study attempted to investigate the mathematical sturcuture of cost function of irrigated wheat crop in kurdistan province. the methodolgy is based on duality assumption. the sample size is 257 farmers for the agricultural year 2011-2012.data was collected byinterviewwith farmers and writing writerquestionnaire.the multistage cluster random sampling used. the results showed that, the...

The purpose of this paper is to estimate the welfare cost of inflation in Iran. We first use the long-horizon regression approach developed by Fisher and Seater (1993) to obtain an estimate of the inflation rate elasticity of money demand and then the Baily’s consumer surplus approach to calculate the welfare cost function. The results show that reducing inflation rate from 40% to 0% increases ...