Nonlinear reservoir analysis with risk-benefit objectives

The surrogate worth trade-off method has been extended to a quadratic programming optimization model and risk has been incorporated into the vector of objective functions which explicitly shows the decision maker the trade-offs between net benefits and increased reliability of the system or the trad...

Full description

Saved in:
Bibliographic Details
Main Authors: Otto J. Helweg, Thanakorn Uan-On
Other Authors: Texas A and M University
Format: Article
Published: 2018
Subjects:
Online Access:https://repository.li.mahidol.ac.th/handle/123456789/15547
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Mahidol University
Description
Summary:The surrogate worth trade-off method has been extended to a quadratic programming optimization model and risk has been incorporated into the vector of objective functions which explicitly shows the decision maker the trade-offs between net benefits and increased reliability of the system or the trade-offs between competing reliabilities such as flood control and water supply. The approach is called the Nonlinear Risk-Benefit (NRB) Algorithm. The NRB Algorithm is applied to the Broken Bow Reservoir to illustrate the increased information made available by this approach. © Taylor & Francis Group, LLC.