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The Proceedings of the Symposium on Environmental Engineering • Vol 2021.31 • No 0
Operations Management of Power Interchange Networks Using Stochastic Programming
2021
The power interchange among multiple consumers can reduce the operation cost because the generated power can be utilized effectively. Involving photovoltaic generation and electric vehicles with a large-capacity battery in the power interchange network has po…
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Operations Management

In business operations, controlling the process of production of goods

Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in meeting customer requirements.

It is concerned with managing an entire production or service system which is the process that converts inputs (in the forms of raw materials, labor, consumers, and energy) into outputs (in the form of goods and/or services for consumers). Operations produce products, manage quality and create services.

Exploring foci of:
The Proceedings of the Symposium on Environmental Engineering • Vol 2021.31 • No 0
Operations Management of Power Interchange Networks Using Stochastic Programming
2021
The power interchange among multiple consumers can reduce the operation cost because the generated power can be utilized effectively. Involving photovoltaic generation and electric vehicles with a large-capacity battery in the power interchange network has possibility to further enhance the reduction effect of the operation cost. However, the power output of photovoltaic panels and the driving time and daily distance of electric vehicles vary with uncertainty. In the present study, a stochastic operational plannin…
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