Portfolio optimization in district heating: Merit order or mixed integer linear programming?

M Gonzalez-Salazar, J Klossek, P Dubucq, T Punde - Energy, 2023 - Elsevier
Long-term portfolio optimization is commonly used to find the most cost-effective design and
operation of a district heating system, subject to technical, financial, and environmental …

[HTML][HTML] Mature offshore oil field development: Solving a real options problem using stochastic dual dynamic integer programming

SJ Bakker, A Kleiven, SE Fleten… - Computers & Operations …, 2021 - Elsevier
Oil and gas companies are facing low output prices and are forced to focus on the
development of mature fields. Relevant investment decisions for operators include lifetime …

Initial coin offerings and the cryptocurrency hype-the moderating role of exogenous and endogenous signals

F Thies, S Wallbach, M Wessel, M Besler, A Benlian - Electronic Markets, 2022 - Springer
Initial coin offerings (ICOs) have recently emerged as a new financing instrument for
entrepreneurial ventures, spurring economic and academic interest. Nevertheless, the …

A stochastic programming model with endogenous and exogenous uncertainty for reliable network design under random disruption

TH Bhuiyan, HR Medal, S Harun - European Journal of Operational …, 2020 - Elsevier
Designing and maintaining a reliable and efficient transportation network is an important
industrial problem. Integrating infrastructure protection with the network design model is …

Exploration and evaluation of modular concepts for the design of full‐scale pharmaceutical manufacturing facilities

MO Bertran, DK Babi - Biotechnology and Bioengineering, 2024 - Wiley Online Library
The design of biopharmaceutical processes is predominantly driven by the domain of
experimental process design. This approach can be further improved by combining multiple …

Multistage stochastic programming approach for joint optimization of job scheduling and material ordering under endogenous uncertainties

Y Sha, J Zhang, H Cao - European Journal of Operational Research, 2021 - Elsevier
Job scheduling incorporated with material ordering can better meet practical needs and lead
to overall cost reduction. In this paper, we present a stochastic approach for this joint …

A novel stochastic programming model under endogenous uncertainty for the CCS-EOR planning problem

B Abdoli, F Hooshmand, SA MirHassani - Applied Energy, 2023 - Elsevier
Abstract Carbon-capture-and-storage (CCS) is one of the leading technologies to reduce
CO 2 emissions. A commercial way to deploy CCS on a large scale is to sequestrate CO 2 in …

A real options approach to value manufacturing flexibilities with regime-switching product demand

MIM Wahab, CG Lee, P Sarkar - Flexible Services and Manufacturing …, 2023 - Springer
This research is motivated by a real industry problem. A manufacturer produces two different
types of products. The manufacturer has two alternatives to invest: fixed capacity systems …

Enhancing project portfolio selection for construction holding firms: a multi-objective optimization framework with risk analysis

M Ghanbari, AAJ Olaikhan, M Skitmore - Engineering, Construction …, 2024 - emerald.com
Purpose This study aims to develop a framework for the optimal selection of construction
project portfolios for a construction holding company. The objective is to minimize risks, align …

Generic improvements to least squares monte carlo methods with applications to optimal stopping problems

W Wei, D Zhu - European Journal of Operational Research, 2022 - Elsevier
Abstract The least squares Monte Carlo method is a standard tool for solving optimal
stopping problems. Nonetheless, its performance is subject to the choice of regressors and …