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According to existing literature, bank robberies can have a considerable impact on the people involved (employees, customers, and police officers), even if the direct economic losses are negligible. Consequently, this article presents a model to assess the risk of bank robbery, with the aim of reducing the impact on the people and prioritizing the investments in security measures. It is based on the...
A new integrated methodology to optimise the sustainability of engineering systems is presented in this study. It is partially based on the use of the MIVES (Modelo Integrado de Valor para una Evaluación Sostenible, or Integrated Value Model for Sustainability Assessment, in translation) method. Its effectiveness was assessed throughout its application to a shell and tube heat exchanger (STHE). For...
A probabilistic and analytical model is presented to assess the direct employment generated by power plants, throughout their lifecycles, from when the fuel is being extracted to the decommissioning stage. To represent the majority of regions and countries around the world, this model provides a global, general and probabilistic vision for all the most common kinds of power plants. Direct job creation...
Two probabilistic models are presented to assess the costs of power plants. One of them uses requirement trees, value functions and the analytic hierarchy process. It is also based on Monte Carlo simulation. The second one is a mathematical model for calculating the levelised cost of electricity (LCOE) based on discounted cash flow techniques, and combined with Monte Carlo simulation. The results...
A model is presented for assessing the global sustainability of power plants. It uses requirement trees, value functions and the analytic hierarchy process. The model consists of 27 parameters and makes it possible to obtain a sustainability index for each conventional or renewable energy plant, throughout its life-cycle. Here the aim is to make society aware of the sustainability level for each type...
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