Variance Reduction in Monte Carlo Simulation of Electric Power Production Costs

1997 ◽  
Vol 17 (3-4) ◽  
pp. 239-262 ◽  
Author(s):  
Mainak Mazumdar ◽  
Anoop Kapoor
1992 ◽  
Vol 40 (3-supplement-2) ◽  
pp. S284-S292 ◽  
Author(s):  
Sarah M. Ryan ◽  
Mainak Mazumdar

2000 ◽  
Vol 32 (12) ◽  
pp. 1139-1148 ◽  
Author(s):  
JORGE VALENZUELA ◽  
MAINAK MAZUMDAR

2020 ◽  
Vol 41 (2) ◽  
pp. 219-229 ◽  
Author(s):  
Ricardo Hideaki Miyajima ◽  
Paulo Torres Fenner ◽  
Gislaine Cristina Batistela ◽  
Danilo Simões

The processing of Eucalyptus logs is a stage that follows the full tree system in mechanized forest harvesting, commonly performed by grapple saw. Therefore, this activity presents some associated uncertainties, especially regarding technical and silvicultural factors that can affect productivity and production costs. To get around this problem, Monte Carlo simulation can be applied, or rather a technique that allows to measure the probabilities of values from factors that are under conditions of uncertainties, to which probability distributions are attributed. The objective of this study was to apply the Monte Carlo method for determining the probabilistic technical-economical coefficients of log processing using two different grapple saw models. Field data were obtained from an area of forest planted with Eucalyptus, located in the State of São Paulo, Brazil. For the technical analysis, the time study protocol was applied by the method of continuous reading of the operational cycle elements, which resulted in production. As for the estimated cost of programmed hour, the applied methods were recommended by the Food and Agriculture Organization of the United Nations. The incorporation of the uncertainties was carried out by applying the Monte Carlo simulation method, by which 100,000 random values were generated. The results showed that the crane empty movement is the operational element that most impacts the total time for processing the logs; the variables that most influence the productivity are specific to each grapple saw model; the difference of USD 0.04 m3 in production costs was observed between processors with gripping area of 0.58 m2 and 0.85 m2. The Monte Carlo method proved to be an applicable tool for mechanized wood harvesting for presenting a range of probability of occurrences for the operational elements and for the production cost.


2005 ◽  
Author(s):  
Philip MacDonald ◽  
Jacopo Buongiorno ◽  
James Sterbentz ◽  
Cliff Davis ◽  
Robert Witt ◽  
...  

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