174,637 research outputs found

    Strategic level three-stage production distribution planning with capacity expansion

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    In this thesis, we address a strategic planning problem for a three-stage production-distribution network. The problem under consideration is a single-item, multi-supplier, multi-producer and multi-distributor production-distribution network with deterministic demand. The objective is to minimize the costs associated with production, transportation and inventory as well as capacity expansion costs over a given time horizon. The limitations are the production capacities of the suppliers and producers, and transportation capacities of the corresponding transportation network. On the other hand, all capacities may be increased at a fixed cost. The problem is formulated as a 0-1 mixed integer programming model. Since the problem is intractable for real life cases efficient relaxation-based heuristics are considered to obtain a good feasible solution

    Impact of Forecast Errors on Expansion Planning of Power Systems with a Renewables Target

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    This paper analyzes the impact of production forecast errors on the expansion planning of a power system and investigates the influence of market design to facilitate the integration of renewable generation. For this purpose, we propose a stochastic programming modeling framework to determine the expansion plan that minimizes system-wide investment and operating costs, while ensuring a given share of renewable generation in the electricity supply. Unlike existing ones, this framework includes both a day-ahead and a balancing market so as to capture the impact of both production forecasts and the associated prediction errors. Within this framework, we consider two paradigmatic market designs that essentially differ in whether the day-ahead generation schedule and the subsequent balancing re-dispatch are co-optimized or not. The main features and results of the model set-ups are discussed using an illustrative four-node example and a more realistic 24-node case study

    Practices for strategic capacity management in Malaysian manufacturing firms

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    While the notion of manufacturing capabilities is a long-standing notion in research on operations management, its actual implementation and management has been hardly researched. Five case studies in Malaysia offered the opportunity to examine the practice of manufacturing managers with regard to strategic capability management. The data collection and analysis was structured by using the notion of Strategic Capacity Management. Whereas traditionally literature has demonstrated the beneficial impact of an appropriate manufacturing strategy on the business strategy and performance, the study highlights the difficulty of managers to set the strategy, let alone implementing it. This is partly caused by the immense pressure of customers in these dominantly Make-To-Order environments for SMEs. Current concepts for manufacturing capabilities have insufficiently accounted this phenomenon and an outline of a research agenda is presented

    Long term planning for EFA and the MDGs: modes and mechanisms

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    This discussion paper provides an overview and analytic guide to long term planning of education systems in the context of Education for All and the Millennium Development Goals. Long term gains in educational access depend on anticipating future financial and non-financial constraints on growth and on successful implementation of plans which support growth that can be sustained. Some recent expansion of primary schooling has failed to take a sufficiently long term approach to growth and has risked the creation of resource bottlenecks, poor trade offs between quality and quantity, and dependence on uncertain financing. The paper first outlines three different styles of long term planning – Planning Lite, Framework National Planning, and Participatory Planning. It distinguishes between aspirational and target-generating approaches. It then describes the processes and tools that are needed to develop long term plans for expanded access that can reconcile goals and targets with realistic resource envelopes. These processes are designed to include mechanisms to promote consensus and build commitment. The nature of Medium Term Expenditure Frameworks (MTEF) is then explored as a necessary tool to manage implementation. Appendix 1 provides more detailed discussion of the three approaches to planning. Appendix 2 elaborates on aspirational planning and gradients of achievement. Appendix 3 explores issues concerned with targets and indicators of performance. Appendix 4 contains a selected list of source materials

    Modeling Electricity Markets as Two-Stage Capacity Constrained Price Competition Games under Uncertainty

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    The last decade has seen an increasing application of game theoretic tools in the analysis of electricity markets and the strategic behavior of market players. This paper focuses on the model examined by Fabra et al. (2008), where the market is described by a two-stage game with the firms choosing their capacity in the first stage and then competing in prices in the second stage. By allowing the firms to endogenously determine their capacity, through the capacity investment stage of the game, they can greatly affect competition in the subsequent pricing stage. Extending this model to the demand uncertainty case gives a very good candidate for modeling the strategic aspect of the investment decisions in an electricity market. After investigating the required assumptions for applying the model in electricity markets, we present some numerical examples of the model on the resulting equilibrium capacities, prices and profits of the firms. We then proceed with two results on the minimum value of price caps and the minimum required revenue from capacity mechanisms in order to induce adequate investments

    Strategies for sustainable socio-economic development and mechanisms their implementation in the global dimension

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    The authors of the book have come to the conclusion that it is necessary to effectively use modern approaches to developing and implementation strategies of sustainable socio-economic development in order to increase efficiency and competitiveness of economic entities. Basic research focuses on economic diagnostics of socio-economic potential and financial results of economic entities, transition period in the economy of individual countries and ensuring their competitiveness, assessment of educational processes and knowledge management. The research results have been implemented in the different models and strategies of supply and logistics management, development of non-profit organizations, competitiveness of tourism and transport, financing strategies for small and medium-sized enterprises, cross-border cooperation. The results of the study can be used in decision-making at the level the economic entities in different areas of activity and organizational-legal forms of ownership, ministries and departments that promote of development the economic entities on the basis of models and strategies for sustainable socio-economic development. The results can also be used by students and young scientists in modern concepts and mechanisms for management of sustainable socio-economic development of economic entities in the condition of global economic transformations and challenges

    Renewable electricity generation and transmission network developments in light of public opposition: Insights from Ireland. ESRI Working Paper No. 653 March 2020

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    This paper analyses how people’s attitudes towards onshore wind power and overhead transmission lines affect the costoptimal development of electricity generation mixes, under a high renewable energy policy. For that purpose, we use a power systems generation and transmission expansion planning model, combined with information on public attitudes towards energy infrastructure on the island of Ireland. Overall, households have a positive attitude towards onshore wind power but their willingness to accept wind farms near their homes tends to be low. Opposition to overhead transmission lines is even greater. This can lead to a substantial increase in the costs of expanding the power system. In the Irish case, costs escalate by more than 4.3% when public opposition is factored into the constrained optimisation of power generation and grid expansion planning across the island. This is mainly driven by the compounded effects of higher capacity investments in more expensive technologies such as offshore wind and solar photovoltaic to compensate for lower levels of onshore wind generation and grid reinforcements. The results also reveal the effect of public opposition on the value of onshore wind, via shadow prices. The higher the level of public opposition, the higher the shadow value of onshore wind. And, this starkly differs across regions: regions with more wind resource or closest to major demand centres have the highest shadow prices. The shadow costs can guide policy makers when designing incentive mechanisms to garner public support for onshore wind installations

    Producers Cooperative Oil Mill: A Case Study in Strategic Planning for a Cooperative

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    This study examines the strategic issues and decisions of Producers Cooperative Oil Mill, a regional oilseed processing cooperative located in Oklahoma City, Oklahoma. The process of strategic planning and strategy implementation in agribusiness has been the topic of numerous research studies and case studies. While cooperative firms have been the subject of case studies focusing on strategic issues, the unique aspects of strategic decisions in a cooperative firm have not been highlighted. The formulation and implementation of strategy in cooperative organizations is impacted by their business structure. This case study provides unique examples of how strategy formulation and implementation is impacted by the unique structure and values of a cooperative firm. The article is formatted such that it can be used in educational programs as three inter-related mini-case studies. Questions for students are included.cooperative, strategic planning, oilseed processing, Agribusiness, Teaching/Communication/Extension/Profession,
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