Results 21 to 30 of about 251,307 (218)

Pricing Wind Power Uncertainty in the Electricity Market

open access: yesIEEE Access, 2023
The volatile and intermittent nature of renewable energy sources (RES) has a critical impact on electric power grid operations. However, there still lacks a model to price the uncertainty of renewable energy in electricity markets.
Luis Ramirez-Burgueno   +2 more
doaj   +1 more source

Robust combinatorial optimization under convex and discrete cost uncertainty

open access: yesEURO Journal on Computational Optimization, 2018
In this survey, we discuss the state of the art of robust combinatorial optimization under uncertain cost functions. We summarize complexity results presented in the literature for various underlying problems, with the aim of pointing out the connections
Christoph Buchheim, Jannis Kurtz
doaj   +1 more source

Uncertainty propagation and sensitivity analysis in composite manufacturing cost estimation: ALPHA-framework and cost tool development

open access: yesAdvanced Manufacturing: Polymer & Composites Science, 2019
The presented ALPHA cost tool is a novel highly flexible bottom-up parametric hybrid cost estimation framework. It combines the benefits of both methods with the aim of providing cost information during all product development phases. The software offers
Christian Hueber   +2 more
doaj   +1 more source

Modelling of cost-functions under risk and uncertainty

open access: yesActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2009
In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. In a free market economy, these curves are used by the entities to find the optimal point of production, where they make the highest profits. There
Michaela Beranová, Dana Martinovičová
doaj   +1 more source

Uncertainty Cost Functions in Climate-Dependent Controllable Loads in Commercial Environments

open access: yesEnergies, 2021
This article presents the development, simulation and validation of the uncertainty cost functions for a commercial building with climate-dependent controllable loads, located in Florida, USA.
Daniel Losada   +2 more
doaj   +1 more source

Starling flock networks manage uncertainty in consensus at low cost. [PDF]

open access: yesPLoS Computational Biology, 2013
Flocks of starlings exhibit a remarkable ability to maintain cohesion as a group in highly uncertain environments and with limited, noisy information.
George F Young   +4 more
doaj   +1 more source

Multi-Objective Pharmaceutical Portfolio Optimization under Uncertainty of Cost and Return

open access: yesMathematics, 2021
This paper presents the study of multi-objective optimization of a pharmaceutical portfolio when both cost and return values are uncertain. Decision makers in the pharmaceutical industry encounter several challenges in deciding the optimal selection of ...
Mahboubeh Farid   +3 more
doaj   +1 more source

A linear programming model for long-term mine planning in the presence of grade uncertainty and a stockpile

open access: yesInternational Journal of Mining Science and Technology, 2014
The complexity of an open pit production scheduling problem is increased by grade uncertainty. A method is presented to calculate the cost of uncertainty in a production schedule based on deviations from the target production.
Behrang Koushavand   +2 more
doaj   +1 more source

Welfare Cost of Model Uncertainty in a Small Open Economy

open access: yesEntropy, 2020
This paper extends the canonical small open-economy real-business-cycle model, when considering model uncertainty. Domestic households have multiplier preferences, which leads them to take robust decisions in response to possible model misspecification ...
Jocelyn Tapia Stefanoni
doaj   +1 more source

Does firm-level environmental policy uncertainty affect cost stickiness?

open access: yesInternational Review of Economics & Finance
This study examines the impact of firm-level environmental policy uncertainty on the asymmetric cost behavior of firms. Utilizing data from U.S. public companies spanning the period from 2002 to 2020, I find that firms experiencing higher levels of ...
Kyeongheum Ra
doaj   +1 more source

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