Abstract
Rules indicating the amount of water which should be kept in a reservoir on a month by month basis throughout the year are needed to achieve maximum benefits in reservoir operation or in system planning. Economic tradeoffs may be used to resolve the conflicting storage requirements of flood control, recreation, and water supply in accordance with time changes in demand. Total potential purpose benefits and economic loss functions are determined to derive operating rules for the case study of Rough River Reservoir, Kentucky. Legal and other practical problems in implementing such a set of rules are described.
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