Blar i Institutt for industriell økonomi og teknologiledelse på tidsskrift "European Journal of Operational Research"

Viser treff 21-26 av 26

    • Structural Estimation of Switching Costs for Peaking Power Plants 

      Fleten, Stein-Erik; Haugom, Erik; Pichler, Alois; Ullrich, Carl J. (Journal article; Peer reviewed, 2019)
      We estimates costs associated with mothballing, restarting, abandoning and maintaining peaking power plants. We develop a real options model to explain switching and maintenance behavior of plant managers. The constrained ...

    • Switching from Oil to Gas Production in a Depleting Field 

      Støre, Kristian; Fleten, Stein-Erik; Hagspiel, Verena; Nunes, Cláudia (Journal article; Peer reviewed, 2018)
      We derive an optimal decision rule with regards to making an irreversible switch from oil to gas production. The approach can be used by petroleum field operators to maximize the value creation from a petroleum field with ...

    • Technology adoption in a declining market 

      Hagspiel, Verena; Huisman, Kuno J.M.; Kort, Peter M.; Lavrutich, Maria; Nunes, Cláudia; Pimentel, Rita (Peer reviewed; Journal article, 2020)
      Rapid technological developments are inducing the shift in consumer demand from existing products towards new alternatives. When operating in a declining market, the profitability of incumbent firms is largely dependent ...

    • A Time-Dependent Vessel Routing Problem with Speed Optimization 

      Ulsrud, Karl Petter; Vandvik, Anders Helgeland; Ormevik, Andreas Breivik; Fagerholt, Kjetil; Meisel, Frank (Peer reviewed; Journal article, 2022)
      We study an operational planning problem arising in the offshore oil and gas industry, in which we determine routes, as well as sailing speeds along these routes, for a set of platform supply vessels (PSVs) servicing a ...

    • Transmission Investment under Uncertainty: Reconciling Private and Public Incentives 

      Lavrutich, Maria; Hagspiel, Verena; Siddiqui, Afzal S. (Peer reviewed; Journal article, 2022)
      Private companies (PCs) in restructured electricity industries determine facility investment timing and sizing. Such decisions maximize the PC’s expected profit (rather than social welfare) under uncertainty. By anticipating ...

    • Vehicle routing with endogenous learning: Application to offshore plug and abandonment campaign planning 

      Bakker, Steffen J.; Wang, Akang; Gounaris, Chrysanthos (Peer reviewed; Journal article, 2020)
      When a particular service is performed many times, the duration of the service might reduce due to the effect of learning from similar tasks that have been performed before. In this article, we present an approach to account ...