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Flexibility and Uncertainty

Optimising Flexibility of Temporal Problems with Uncertainty

Optimising Flexibility of Temporal Problems with Uncertainty

... The uncertainty of the actual environment is one of the most common factors reducing the performance or even breaking the ...the uncertainty, a robust autonomous system has to either react according to the ...

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Preferences for Flexibility and Randomization under Uncertainty

Preferences for Flexibility and Randomization under Uncertainty

... for Flexibility and Randomization under Uncer- tainty”, we provide an axiomatization of a random uncertainty-averse (RUA) ...well-known uncertainty-averse preferences, such as the maxmin expected ...

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A Decentralized Local Flexibility Market Considering the Uncertainty of Demand

A Decentralized Local Flexibility Market Considering the Uncertainty of Demand

... demand flexibility management and ...the uncertainty of generation and load profiles were left out of the ...demand flexibility services in the distribution network was proposed in [ 15 ], which ...

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The Effects of Transmission Uncertainty on the Flexibility-Credibility Tradeoff in Monetary Policy

The Effects of Transmission Uncertainty on the Flexibility-Credibility Tradeoff in Monetary Policy

... transmission uncertainty, even if none existed in the individual member countries prior to creation of the monetary union ; the foregoing analysis then suggests that the effect of the introduction of transmission ...

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Aligning flexibility with uncertainty in software development arrangements through a contractual typology

Aligning flexibility with uncertainty in software development arrangements through a contractual typology

... design uncertainty, completeness, and flexibility, which is conceptually distinct from the prevailing dichotomous perception of these ...design flexibility between the extreme levels of design ...

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Supply Chain Performance The Impact of Interactions between Flexibility Enablers and Uncertainty. Yvan Nieto

Supply Chain Performance The Impact of Interactions between Flexibility Enablers and Uncertainty. Yvan Nieto

... 4.3 Case and model description The supply chain model is developed from the actual situation of a plant belonging to an international company producing industrial polymer solutions. The plant is located in Europe and ...

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Flexibility Ranking of Water Distribution System Designs Under Future Mechanical and Hydraulic Uncertainty

Flexibility Ranking of Water Distribution System Designs Under Future Mechanical and Hydraulic Uncertainty

... (mechanical uncertainty). However, the major source of future uncertainty for a WDS is broader (hydraulic and mechanical uncertainty) and may include demand variations at nodes, variations in pipe ...

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Effect of Environmental Uncertainty and Supply Chain Flexibility Towards Supply Chain Innovation: An exploratory Study

Effect of Environmental Uncertainty and Supply Chain Flexibility Towards Supply Chain Innovation: An exploratory Study

... of flexibility vary from supply chain to supply chain (Stevenson & Spring, ...chain flexibility is widely seen as one major response to the increasing uncertainty and competition in the global, ...

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Strategic Real Option and Flexibility Analysis for Nuclear Power Plants Considering Uncertainty in Electricity Demand and Public Acceptance

Strategic Real Option and Flexibility Analysis for Nuclear Power Plants Considering Uncertainty in Electricity Demand and Public Acceptance

... strategic-level flexibility to improve the expected life cycle performance of the system under long-term uncertainty in electricity demand and social ...multiple flexibility strategies, ...

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The links between uncertainty, variability of outputs and flexibility in manufacturing systems

The links between uncertainty, variability of outputs and flexibility in manufacturing systems

... -by development of the ability to subcontract supply - Company A and Company C's managers mentioned the ability to subcontract supply as a way of dealing better with the uncertainties re[r] ...

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Surrogate Affine Approximation Based Co-Optimization of Transactive Flexibility, Uncertainty, and Energy

Surrogate Affine Approximation Based Co-Optimization of Transactive Flexibility, Uncertainty, and Energy

... When flexibility has become increasingly valuable, three questions remain open: 1) how to determine the flexibility amount while keeping ISO/RTO independent; 2) how to allocate flexib[r] ...

14

Real options for naval ship design and acquisition: a method for valuing flexibility under uncertainty

Real options for naval ship design and acquisition: a method for valuing flexibility under uncertainty

... consider flexible physical options that allow faster switching between mission capabilities without the need for extensive ship overhaul. The method will use decision analysis to value[r] ...

102

Investment decision making under uncertainty: the impact

of risk aversion, operational flexibility, and competition

Investment decision making under uncertainty: the impact of risk aversion, operational flexibility, and competition

... under uncertainty by examining how duopolistic com- petition affects the entry of a risk-averse ...under uncertainty and risk aversion for a monopoly as well as pre-emptive and non-pre-emptive duopolies in ...

164

Planning electricity transmission to accommodate renewables: Using two-stage programming to evaluate flexibility and the cost of disregarding uncertainty

Planning electricity transmission to accommodate renewables: Using two-stage programming to evaluate flexibility and the cost of disregarding uncertainty

... de la Torre et al., 1999; Oloomi Buygi et al., 2004; Oliveira et al., 2007; Hyung Roh et al., 2009; Sauma & Oren, 2006, Sozer et al., 2006; Zhao et al., 2009). Such single‐stage models can be used to analyse choices ...

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Centralizing Data Management with Considerations of Uncertainty and Information-based Flexibility

Centralizing Data Management with Considerations of Uncertainty and Information-based Flexibility

... High uncertainty is due to the complex combination of factors outlined above between product lines across various regulatory ...reduced uncertainty and, consequently, lower adverse ...high ...

36

UNCERTAINTY, INTEGRATION AND SUPPLY FLEXIBILITY

UNCERTAINTY, INTEGRATION AND SUPPLY FLEXIBILITY

... “not flexibility-focused” firms (i.e. “flexibility focus” less or equal than 5) were excluded from the study, in order to depict more precisely the different supply flexibility ...not ...

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Mineral Asset Valuation Under Economic Uncertainty: A Complex System for Operational Flexibility

Mineral Asset Valuation Under Economic Uncertainty: A Complex System for Operational Flexibility

... Price uncertainty for non-tangible items was also reviewed by the World Bank Group report [WBG, 2014], specifying that energy and food price indices dropped aprroximately 6% in ...

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On flexibility

On flexibility

... to some unique characteristics of this sector. In contrast to most other sectors of the economy, the farm sector remains dominated by the family rather than the corporate form of business enterprise. There is a long (and ...

18

ADAPTABILITY AND FLEXIBILITY 4-1 ADAPTABILITY AND FLEXIBILITY

ADAPTABILITY AND FLEXIBILITY 4-1 ADAPTABILITY AND FLEXIBILITY

... This level includes plans and strategies for fatigue management and quality sleep enhancement that are created by leaders and implemented by individuals.. Strategies and plans developed [r] ...

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Manufacturing System Flexibility: Product Flexibility Assessment

Manufacturing System Flexibility: Product Flexibility Assessment

... product flexibility inductors are identified, which are gripping, setting and tooling interfaces, in order to build indicators as close as possible to real industry ...product flexibility and provide ...

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