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This article identifies and analyzes operational risks for farmerspsila associations in Taiwan, revealing the relationship between risk and operational efficiency. Using the concept of risk management, this paper identifies five types of operational risk currently affecting farmerspsila associations: external environmental risk, financial risk, organizational risk, leadership and decision-making risk,...
It is of vital importance for risk management and emergency response to understand the factors that may influence the slick movement in an oil spill accident. The influencing factors have been investigated based on a 2D numerical oil spill model, a laboratory physical model and a real spill accident on the Huangpu River. The results show that the combined effect of wind and river morphology is the...
To maximize the expected profit, the power suppliers may plan bidding strategy in different markets and in different periods. In the planning, the bidding risk is the key factor that the power suppliers must consider. The optimal bidding strategy model is put forward, in which the conditional value at risk (CVaR) is taken as the risk measurement and the object function, and the expected profit is...
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