17. Issues for Nuclear Power Plants Steam Generators

Open Access Boo

The percentile residual life up to time t0: ordering and aging properties

Motivated by practical issues, a new stochastic order for random variables is introduced by comparing all their percentile residual life functions until a certain instant. Some interpretations of these stochastic orders are given, and various properties of them are derived. The relationships to other stochastic orders are studied, and also an application in Reliability Theory is described. Finally, we present some characterization results of the decreasing percentile residual life up to time t0 aging notion.Aging notion, Hazard rate, Mean residual life, Percentile residual life, Reliability, Stochastic ordering

Market assessment of photovoltaic power systems for agricultural applications in Nigeria

The market potential for stand-alone photovoltaic systems in agriculture was studied. Information is presented on technical and economically feasible applications, and assessments of the business, government and financial climate for photovoltaic sales. It is concluded that the market for stand-alone systems will be large because of the availability of captial and the high premium placed on high reliability, low maintenance power systems. Various specific applications are described, mostly related to agriculture

Monopoly Pricing in a Vertical Market with Demand Uncertainty

We study a vertical market with an upsteam supplier and multiple downstream retailers. Demand uncertainty falls to the supplier who acts first and sets a uniform wholesale price before the retailers observe the realized demand and engage in retail competition. Our focus is on the supplier's optimal pricing decision. We express the price elasticity of expected demand in terms of the mean residual demand (MRD) function of the demand distribution. This allows for a closed form characterization of the points of unitary elasticity that maximize the supplier's profits and the derivation of a mild unimodality condition for the supplier's objective function that generalizes the widely used increasing generalized failure rate (IGFR) condition. A direct implication is that optimal prices between different markets can be ordered if the markets can be stochastically ordered according to their MRD functions or equivalently to their elasticities. Based on this, we apply the theory of stochastic orders to study the response of the supplier's optimal price to various features of the demand distribution. Our findings challenge previously established economic insights about the effects of market size, demand transformations and demand variability on wholesale prices and indicate that the conclusions largely depend on the exact notion that will be employed. We then turn to measure market performance and derive a distribution free and tight bound on the probability of no trade between the supplier and the retailers. If trade takes place, our findings indicate that ovarall performance depends on the interplay between demand uncertainty and level of retail competition

JISC Preservation of Web Resources (PoWR) Handbook

Handbook of Web Preservation produced by the JISC-PoWR project which ran from April to November 2008. The handbook specifically addresses digital preservation issues that are relevant to the UK HE/FE web management community”. The project was undertaken jointly by UKOLN at the University of Bath and ULCC Digital Archives department