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We design an optimal contract between a demand response aggregator (DRA) and a customer for incentive-based demand response. We consider a setting in which the customer is asked to reduce her consumption by the DRA and she is compensated for this reduction. However, since the DRA must supply the customer with as much power as she desires, a strategic customer can temporarily increase her base load...
The extensive attention has been paid to how to improve the efficieny of automated storage/retrieval system (AS/RS). This paper focuses on the problem of optimal goods distribution of AS/RS. Firstly based on four different distributions of goods, the models of the expected time of a storage or retrieval operation of AS/RS are developed. And then through comparison and analysis, the optimal goods distribution...
One of the first issues which has to be taken into account by software companies is to determine what should be included in the next release of their products, in such a way that the highest possible number of customers get satisfied while this entails a minimum cost for the company. This problem is known as the Next Release Problem (NRP). Since minimizing the total cost of including new features...
This paper provides an approach to the problem of power distribution network renewal planning where the challenge to the decision maker is to determine the most cost- effective multi-year development plan in terms of what feeders in the network to refurbish, by which renewal alternative and at what time in the planning horizon. The problem is subjected to several constraints of service requirements...
Based on the current cost and pricing environment and Minex software model applied optimization, the Baganuur Southern pit limited by the 1200m RL level is economically viable. But this contour can not represent the final pit and we recognize it as an alternative until the domestic coal price is freed. We assume that the inputs of the pit optimization will be unstable in the near future and it needs...
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