Long-term optimal allocation of hydro generation for a price-maker company in a competitive market: latest developments and a stochastic dual dynamic programming approach

2010 ◽  
Vol 4 (2) ◽  
pp. 299 ◽  
Author(s):  
B.C. Flach ◽  
L.A. Barroso ◽  
M.V.F. Pereira
Keyword(s):  
Dynamic Programming ◽  
Optimal Allocation ◽  
Competitive Market ◽  
Programming Approach ◽  
Stochastic Dual Dynamic Programming ◽  
Dynamic Programming Approach ◽  
Dual Dynamic Programming

scholarly journals Enterprise Resilience Assessment—A Quantitative Approach

2019 ◽  
Vol 11 (16) ◽  
pp. 4327 ◽  
Author(s):  
Raquel Sanchis ◽  
Raúl Poler
Keyword(s):  
Dynamic Programming ◽  
Annual Cost ◽  
Quantitative Approach ◽  
Programming Approach ◽  
Dynamic Programming Approach ◽  
Preventive Actions ◽  
The Impact ◽  
Resilience Capacity ◽  
Resilience Assessment

Enterprise resilience is a key capacity to guarantee enterprises’ long-term continuity. This paper proposes a quantitative approach to enhance enterprise resilience by selecting optimal preventive actions to be activated to cushion the impact of disruptive events and to improve preparedness capability, one of the pillars of the enterprise resilience capacity. The proposed algorithms combine the dynamic programming approach with attenuation formulas to model real improvements when a combined set of preventive actions is activated for the same disruptive event. A numerical example is presented that shows remarkable reductions in the expected annual cost due to potential disruptive events.

A Convergence Criterion for Stochastic Dual Dynamic Programming: Application to the Long-Term Operation Planning Problem

2018 ◽  
Vol 33 (4) ◽  
pp. 3678-3690 ◽  
Author(s):  
Rafael Bruno S. Brandi ◽  
Andre Luis Marques Marcato ◽  
Bruno Henriques Dias ◽  
Tales Pulinho Ramos ◽  
Ivo Chaves da Silva Junior
Keyword(s):  
Dynamic Programming ◽  
Convergence Criterion ◽  
Planning Problem ◽  
Operation Planning ◽  
Stochastic Dual Dynamic Programming ◽  
Term Operation ◽  
Dual Dynamic Programming

scholarly journals OPTIMAL ALLOCATION FOR RELIABILITY ANALYSIS OF SERIES PARALLEL SYSTEM USING DYNAMIC PROGRAMMING

2014 ◽  
pp. 49-53
Author(s):  
D. RAVI KUMAR ◽  
V. SANKAR
Keyword(s):  
Dynamic Programming ◽  
Reliability Analysis ◽  
Processing Time ◽  
Optimal Allocation ◽  
Programming Approach ◽  
Reliability Optimization ◽  
Dynamic Programming Approach ◽  
Logic Diagram ◽  
Deterministic Dynamic ◽  
Optimal Allocations

In general, optimal allocations for Series-Parallel redundant configurations being carried out using unit or component redundancies. However, Dynamic programming approach by which the optimal allocation can be used when the values of reliabilities and cost for each component are known. The advantage of Dynamic programming approach is that it is simple and it requires less processing time. In this paper, the optimal allocation for series parallel Reliability Logic Diagram of a system is considered. The deterministic Dynamic Programming approach for Reliability optimization has been used and optimal allocation is obtained with different number of components at each stage. Whereas, in the earlier methods, either unit or component redundancies are only used for estimating Optimum reliability.

Using stochastic dual dynamic programming and a periodic autoregressive model for wind-hydrothermal long-term planning

2015 ◽  
Author(s):  
Isabela Ferreira Pereira ◽  
Lara Hoffmann ◽  
Leonardo de Oliveira Willer ◽  
Ivo da Silva Chaves ◽  
Edimar Jose de Oliveira ◽  
...  
Keyword(s):  
Dynamic Programming ◽  
Autoregressive Model ◽  
Stochastic Dual Dynamic Programming ◽  
Dual Dynamic Programming
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