Supply, Storage, and Service Reliability Decisions by Gas Distribution Utilities: A Chance-Constrained Approach: Comments on Guldmann's Paper
AbstractA question has been raised as to the value of Guldmann's paper because the model application indicates very small increments of benefits over costs for the "optimal" decision across a wide range of "nonoptimal" ones. That is, no matter what decision is made about storage capacity or reliability level, savings are on the order of 1 percent of costs. In addition, similar increments of benefit occur irrespective of conversion capacity or reliability level.
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Bibliographic InfoArticle provided by INFORMS in its journal Management Science.
Volume (Year): 29 (1983)
Issue (Month): 8 (August)
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