GOAL PROGRAMMING MODEL OF RESOURCE ALLOCATION FOR AN ELECTRIC UTILITY.
Document Type
Conference Proceeding
Publication Date
12-1-1984
Abstract
This paper demonstrates another useful application of a generalized goal programming technique to a utility to resolve a real-world resource allocation problem. This model is basically formulated and developed from a productivity framework, the relationship between output and input variables. The output is defined as kilowatt hours generated by the inputs, such as capital investments, labor, fuel, purchased power and miscellaneous materials. Top priorities are assigned to the productivity growth and demand satisfaction which have to be achieved first. Four case studies, each having a specified combination of priority levels allotted to various goals, are under investigation to illustrate the tradeoffs among resources utilized to meet the productivity goal as well as customers' demand.
Identifier
0021727715 (Scopus)
First Page
468
Last Page
474
Recommended Citation
Mo, David W., "GOAL PROGRAMMING MODEL OF RESOURCE ALLOCATION FOR AN ELECTRIC UTILITY." (1984). Faculty Publications. 21217.
https://digitalcommons.njit.edu/fac_pubs/21217
