Decision evaluation with interval mathematics: a power distribution system case study

A decision evaluation methodology which considers both economic and performance aspects is presented. Interval mathematics is used in economic modeling. Interval mathematics eliminates the need for multiple sensitivity studies associated with input parameter variations. A decision evaluation vector...

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Bibliographic Details
Published in:IEEE transactions on power delivery 1994-01, Vol.9 (1), p.59-67
Main Authors: Broadwater, R.P., Shaalan, H.E., Fabrycky, W.J., Lee, R.E.
Format: Article
Language:English
Subjects:
240100 - Power Systems- (1990-)
Computer aided software engineering
Costs
DECISION MAKING
Displays
ECONOMIC ANALYSIS
ECONOMICS
Environmental economics
Mathematical model
MATHEMATICAL MODELS
Mathematics
PLANNING
Power distribution
POWER DISTRIBUTION SYSTEMS
Power generation economics
POWER TRANSMISSION AND DISTRIBUTION
Probability distribution
Upper bound
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Summary:A decision evaluation methodology which considers both economic and performance aspects is presented. Interval mathematics is used in economic modeling. Interval mathematics eliminates the need for multiple sensitivity studies associated with input parameter variations. A decision evaluation vector and display for distribution systems are proposed. The methodology is applied to a distribution system case study. Results of the case study are presented.< >
ISSN:0885-8977
1937-4208
DOI:10.1109/61.277680