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Now showing items 21-30 of 33
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 ...
Electricity consumption scheduling with energy storage, home-based renewable energy production and a customized dynamic pricing scheme
(Indian Institute of Management Ahmedabad, 2016)
In this paper we propose a scheduling model for electrical appliances in a dynamic pricing environment. Initially we have given a vector of price points for the next twenty four hours. We have developed an optimization ...
Optimization of customized pricing with multiple overlapping competing bids
(Indian Institute of Management Ahmedabad, 2016)
In this paper, we consider the case of project procurement where there is a single buyer and multiple sellers who are bidding. We consider one seller having one or more competitors. We formulate the pricing problem from ...
Price movements of the competing airlines in the Indian market: an empirical study (A)
(Indian Institute of Management Ahmedabad, 2015)
In this paper, we analyze the price movements of the Indian domestic airline industry. In the first part, we conduct a detailed econometric analysis of five selected domestic routes. In the second part, we study the weekend ...
An expanded database structure for a class of multiperiod, stochastic mathematical programming models for process industries
(IIM Ahmedabad, 2013-12-05)
We introduce a multiple scenario, multiple period, optimization-based decision support system (DSS) for strategic planning in a process industry. The DSS is based on a two stage stochastic linear program (SLP) with recourse ...
A dynamic pricing approach on electricity prices in Indian context
(IIM Ahmedabad, 2013-12-07)
In this paper, we study the mechanism of dynamic pricing of electricity and its opportunities in the Indian context. We compare the economic efficiency of dynamic pricing vis-à-vis the traditional flat tariff of electricity. ...
Forecast accuracy along booking profile in the national railways of an emerging Asian economy: comparison of different techniques
(Indian Institute of Management Ahmedabad, 2014)
The National Railways of an Emerging Asian Economy (NREAE), the second largest railway network in the world, is facing growing challenges from low fare airlines. To combat these challenges, NREAE has to adopt revenue ...
A multi-period two stage stochastic programming based decision support system for strategic planning in process industries: a case of an integrated iron and steel company
(Indian Institute of Management, Ahmedabad, 2014)
The paper introduces the application of a generic, multiple period, two stage stochastic programming based Decision Support System (DSS) in an integrated steel company. We demonstrate that a generic, user friendly stochastic ...
Database structure for a multi stage stochastic optimization based decision support system for asset – liability management of a life insurance company
(Indian Institute of Management, Ahmedabad, 2014)
We introduce a stochastic optimization based decision support system (DSS) for asset-liability management of a life insurance firm using a multi-stage, stochastic optimization model. The DSS is based on a multi-stage ...