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Mathematical modeling for demurrage reduction in coal transportation for an Indian thermal power plant
(2010-04-01)
Competitive pressures on power plants have seen them attempting to reduce their
operating expenses for profitable operations. In India, the plants use wagons of the Indian
Railways to transport coal from the mines (in ...
Artificial neural network models for forcasting stock price index in Bombay Stock Exchange
(2010-04-03)
In this paper we discuss modeeling of Indian stock market (prce index) data using ANN. we discuss the efficiency of ANN in modeling The Bombay Stock Exchange (BSE) SENSEX weekly closing values we develop two networks with ...
Optimization-based decision support system for strategic and operational planning in process industries
(2010-01-16)
We describe how a generic multi-period optimization-based decision support system (DSS) can be used for strategic and operational planning in process industries. Built on five fundamental elements - materials, facilities, ...
Mathematical modelling for time-of-use pricing of electricity in monopoly and oligopoly
(Indian Institute of Management Ahmedabad, 2017-10-17)
This study establishes the feasibility condition for efficiency gains to arise from time-of-use pricing in the electricity market in a monopolistic and oligopolistic set up using constrained optimization. In an oligopolistic ...
An introduction to the aluminum industry and survey of or applications in an integrated aluminum plant
(Indian Institute of Management Ahmedabad, 2016-04-01)
Worldwide, the manufacturing industry is now aiming for competitive advantage and increased profits. To remain competitive, a manufacturing company needs to use tools that provide it with a distinctive competitive edge. ...
Dynamic Pricing of Electricity: A Survey of Related Research
(Indian Institute of Management Ahmedabad, 2015)
In this paper, we survey 82 papers related to revenue management and dynamic pricing of electricity and lists future research avenues in this field. Dynamic pricing has the potential to modify electric load profiles by ...
Capacity management of intensive care units in a multi- specialty hospital in India
(2010-07-22)
The paper describes the capacity management of Intensive Care Units (ICUs) in a 300- bed multi- specialty hospital where the alternative ICU is utilized when the appropriate ICU is full for a set of two types of ICUs. ...
Capacity management of intensive care units in a multi- specialty hospital in India
(2010-07-26)
The paper describes the capacity management of Intensive Care Units (ICUs) in a 300- bed multi- specialty hospital where the alternative ICU is utilized when the appropriate ICU is full for a set of two types of ICUs. ...
Simulation of expected value method in project risk management in two different construction projects
(Indian Institute of Management Ahmedabad, 2016-03)
In this paper, we discuss the application of the expected value method of risk management. In the expected value method, there are two possible state of activity - as planned and risky. In a risky state, an activity will ...
A logarithmic goal programming approach to develop the utility function for railway travel
(2013-11-26)
A railway passenger faces a dilemma of choosing the best train among several alternatives
available in a particular route. A relative comparison of competing railways helps the
passenger to make an informed choice before ...