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Operations Research, Systems Engineering and Industrial Engineering
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- <p>Demand-side management (Electric utilities)<br />Electric utilities -- Costs -- Forecasting -- United States<br />Strategic planning -- Decision making<br />Strategic planning -- Management</p> (1)
- Multivariate analysis<br />Quality control -- Case studies -- Statistical methods<br />Quality of products -- United States<br />Taguchi methods (Quality control)<br />Warranty (1)
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Speculation And Hedging With Virtuals, Prasenjit Shil
Speculation And Hedging With Virtuals, Prasenjit Shil
Doctoral Dissertations
"Virtual bid" and "Virtual offer" are purely financial products offered in certain electricity markets. Theoretically, virtual bids and offers can change the electricity price as the bids and offers are stacked along with the demand and supply, respectively. This dissertation discusses how virtuals can be used to hedge and speculate in the electricity market. A statistical simulation model is developed based on the day-ahead (DA) demand and real time (RT) load data from Midwest Independent Transmission System Operator's (MISO) footprint and DA and RT price observed at Cinergy hub. The simulation models are intended to mimic the load and price …
Predicting And Reducing Warranty Costs By Considering Customer Expectation And Product Performance, Naresh Kumar Sharma
Predicting And Reducing Warranty Costs By Considering Customer Expectation And Product Performance, Naresh Kumar Sharma
Doctoral Dissertations
"This dissertation develops from quality loss function to warranty loss function in which customer expectation is also considered to be a variable. First, Taguchi's quality loss function for the larger-the-better case, which is different from the smaller-the better and nominal-the-best cases, has been assimilated into the other two by introducing a term called the target-mean ratio. Further topics addressed include the implications of a finite target on the classification of LTB characteristics, a new concept of a "Complementary Characteristic", operating window, complexity, and SN ratio based on complexity. A warranty is a buyer's confidence owing to the seller's assurance to …