843 research outputs found

    Self-Evaluation Applied Mathematics 2003-2008 University of Twente

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    This report contains the self-study for the research assessment of the Department of Applied Mathematics (AM) of the Faculty of Electrical Engineering, Mathematics and Computer Science (EEMCS) at the University of Twente (UT). The report provides the information for the Research Assessment Committee for Applied Mathematics, dealing with mathematical sciences at the three universities of technology in the Netherlands. It describes the state of affairs pertaining to the period 1 January 2003 to 31 December 2008

    Simulating The Impact of Emissions Control on Economic Productivity Using Particle Systems and Puff Dispersion Model

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    A simulation platform is developed for quantifying the change in productivity of an economy under passive and active emission control mechanisms. The program uses object-oriented programming to code a collection of objects resembling typical stakeholders in an economy. These objects include firms, markets, transportation hubs, and boids which are distributed over a 2D surface. Firms are connected using a modified Prim’s Minimum spanning tree algorithm, followed by implementation of an all-pair shortest path Floyd Warshall algorithm for navigation purposes. Firms use a non-linear production function for transformation of land, labor, and capital inputs to finished product. A GA-Vehicle Routing Problem with multiple pickups and drop-offs is implemented for efficient delivery of commodities across multiple nodes in the economy. Boids are autonomous agents which perform several functions in the economy including labor, consumption, renting, saving, and investing. Each boid is programmed with several microeconomic functions including intertemporal choice models, Hicksian and Marshallian demand function, and labor-leisure model. The simulation uses a Puff Dispersion model to simulate the advection and diffusion of emissions from point and mobile sources in the economy. A dose-response function is implemented to quantify depreciation of a Boid’s health upon contact with these emissions. The impact of emissions control on productivity and air quality is examined through a series of passive and active emission control scenarios. Passive control examines the impact of various shutdown times on economic productivity and rate of emissions exposure experienced by boids. The active control strategy examines the effects of acceptable levels of emissions exposure on economic productivity. The key findings on 7 different scenarios of passive and active emissions controls indicate that rate of productivity and consumption in an economy declines with increased scrutiny of emissions from point sources. In terms of exposure rates, the point sources may not be the primary source of average exposure rates, however they significantly impact the maximum exposure rate experienced by a boid. Tightening of emissions control also negatively impacts the transportation sector by reducing the asset utilization rate as well as reducing the total volume of goods transported across the economy

    Untangling hotel industry’s inefficiency: An SFA approach applied to a renowned Portuguese hotel chain

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    The present paper explores the technical efficiency of four hotels from Teixeira Duarte Group - a renowned Portuguese hotel chain. An efficiency ranking is established from these four hotel units located in Portugal using Stochastic Frontier Analysis. This methodology allows to discriminate between measurement error and systematic inefficiencies in the estimation process enabling to investigate the main inefficiency causes. Several suggestions concerning efficiency improvement are undertaken for each hotel studied.info:eu-repo/semantics/publishedVersio

    A Comprehensive Techno-Economic Framework for Shale Gas Exploitation and Distribution in the United States

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    Over the past years, shale gas has turned into one of the most significant sources of energy in the United States. Technological advancements have provided the energy industry with the necessary tools to allow the economic exploitation of an enormous volume of natural gas trapped in shale formations. This has boosted the domestic gas production and generated a boom in other sectors of the economy in the country. However, major challenges are involved in the development of shale gas resources. A drastic decline of wells’ productivity, the costs involved in the gas production and distribution facets, and the volatile behavior of the energy market represent some of the complexities faced by a gas operator. In this context, the utilization of a comprehensive frameworks to analyze and develop long-term strategies can represent a meaningful supporting tool for shale gas operators. The main objective of this research work is the development and implementation a novel techno-economic framework for the optimal exploitation and delivery of shale gas in the United States. The proposed framework is based on an interdisciplinary approach that combines data driven techniques, petroleum engineering practices, reservoir simulations and mathematical programming methods. Data analysis algorithms are implemented to guide the decision-making processes involved in the unconventional reservoir and define the predominant trends of certain exogenous parameters of the system. Petroleum engineering practices and reservoir simulation models are required for a realistic description of the formations and the proper definition of strategies to extract the gas from the shale rock. Finally, the mathematical programming is required for describing the surface facilities design and operations to ensure the allocation of the shale gas in the different commercialization points. The output of this framework will provide the optimal operations and infrastructure by maximizing the net present value (NPV). To demonstrate the efficacy of the proposed decision-making structure, a case study based on the liquid-rich region of the Marcellus play is considered in this work. The application of the proposed framework depicts the influence of reservoir complexities and external factors in establishing optimal strategic decisions for the exploitation, processing and allocation of shale gas. The coordination of the different facets including the drilling and completion activities and the design and operation of the surface facilities has a key role in maintaining the economy of a shale gas venture above its economic threshold
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