Abstract
Operations research is applied to analysing uncertainties in the selection of nuclear reactor types. Dynamic programming methods have been extended to account for uncertain decision factors by including in the objective function a variance-related uncertainty factor as well as expected cost values. A technique is also described for obtaining total cost probability distributions. A case study is presented which uses the method to analyze a long-term planning problem for a given electric utility system. This problem is also solved by using fuzzy programming methods.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.