STOCHASTIC PRODUCTION COST SIMULATION

Authors
BREIPOHL AM LEE FN CHIANG JY
Citation
Am. Breipohl et al., STOCHASTIC PRODUCTION COST SIMULATION, Reliability engineering & systems safety, 46(1), 1994, pp. 101-107
Citations number
11
Categorie Soggetti
Operatione Research & Management Science","Engineering, Industrial
Journal title
Reliability engineering & systems safety → ACNP
ISSN journal
09518320
Volume
46
Issue
1
Year of publication
1994
Pages
101 - 107
Database
ISI
SICI code
0951-8320(1994)46:1<101:SPCS>2.0.ZU;2-O
Abstract
This paper describes a method of simulating the annual operational cos t of an electrical power system. The significant aspects of this simul ation method are: the method of simulation is chronological; the uncer tainty of unit availability is modeled; and fuel/emission constraints are adaptively met (i.e. next week's fuel allocation is adjusted to ac count for past fuel usage and emissions).