Analyzing Tax Incentives for Producing Renewable Energy by Biomass Cofiring

This paper examines the impacts of governmental incentives for coal-fired power plants to generate renewable energy via biomass cofiring technology. The most common incentive is the production tax credit (PTC), a flat rate reimbursement for each unit of renewable energy generated. The work presented here proposes PTC alternatives, incentives that are functions of plant capacity … Read more

Stochastic Optimization of Vaccine Vial Replenishment

We present a two-stage stochastic linear programming model to manage the inventory of vaccine vials in developing countries. In these countries immunization programs often involve targeted outreach services in remote locations. Organizations managing these programs are in need of tools which identify inventory replenishment and vaccine utilization plans to minimize costs and wastage while achieving … Read more