Use of Pareto Principle in Power System Mode Analysis
The optimal power dispatch problem in the power system is looked out in the given work. The mathematical model of power system optimal regime searching approach in the market conditions in accordance with Pareto principle is described. The theoretical layout is illustrated on a real power system model of the united power system, which consists of 17 nodes and 21 lines. The procedure is realized using the GAMS software.
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The article presents a case study of the identification and analysis of operating and equipment losses in a steel plant. Losses may be visible in costs resulting from premature wear of machine and equipment components, removal of emergency failures related to quality losses, including loss of reputation of a reliable supplier, as well as losses related to production, especially in the case of continuous production. The analysis of losses was based on the cost criterion, including losses resulting from the loss of a potential client. The real data from the 2016 were used in the case study. In order to ensure proper operation at the finishing department, standard solutions have been developed. The analysis of losses was based on the Pareto principle and the analysis of TPM coefficients.
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salespeople: Incidence and buyer attributions. Journal of Personal Selling & Sales Management, 10 (4), 17–29. Brown S. P. 1990 Use of closed influence tactics by salespeople: Incidence and buyer attributions Journal of Personal Selling & Sales Management 10 4 17 29 Brynjolfsson, E., Hu, Y., & Simester, D. (2011). Goodbye paretoprinciple, hello long tail: The effect of search costs on the concentration of product sales. Management Science, 57 (8), 1373–1386. 10.1287/mnsc.1110.1371 Brynjolfsson E. Hu Y. Simester D. 2011 Goodbye paretoprinciple, hello long tail: The
such a perspective (see Chapter 2.3). 2.2.4 Allocative Efficiency The concept of allocative efficiency is in the fore most of all with welfare theory, and it is used in the context of distribution questions raised by national economy. It deals with the problem of the best possible distribution of goods (or resources respectively), with the goal of maximizing a defined overall benefit. As the essential premise of welfare economy in this context one must mention the Paretoprinciple. "To have it simply, [it] states that a reallocation of resources is 'efficient' if