decision support system

A Decision Tool based on a Multi-Objective Methodology for designing High-Pressure Thermal Treatments in Food Industry

  • Miriam R. Ferrández
  • Benjamin Ivorra
  • Pilar M. Ortigosa
  • Ángel M. Ramos
  • Juana L. Redondo
    • Categories Meta Heuristics, Optimization of Systems modeled by PDEs, Systems governed by Differential Equations Optimization Tags , , , ,

    In this work, we propose a methodology for designing High-Pressure Thermal processes for food treatment. This approach is based on a multi-objective preference-based evolutionary optimization algorithm, called WASF-GA, combined with a decision strategy which provides the food engineer with the best treatment in accordance with some quality requirements. The resulting method is compared to a … Read more

    Risk-averse portfolio selection of renewable electricity generator investments in Brazil: An optimised multi-market commercialisation strategy

  • Sebastian Maier
  • Kenneth McKinnon
  • Alexandre Street
    • Categories Applications - Science and Engineering, Finance and Economics, Stochastic Programming Tags , , , ,

    Investment decisions in renewable energy sources such as small hydro, wind power, biomass and solar are frequently made in the context of enormous uncertainty surrounding both intermittent generation and the highly volatile electricity spot prices that are used for clearing of trades. This paper presents a new portfolio-based approach for selecting long-term investments in small-scale … Read more