A Newsboy Approach to Real-Time Reservoir Operation Modellingby Emmanuel U. Nzewi, North Carolina A&T State Univ, United States,
Abstract: This investigation focuses on the use of mathematical programming techniques to develop a model for scheduling, in real-time, the releases from a single reservoir via a probabilistic approach based on the classical Inventory Theory problem called the Newsboy or Christmas-Tree problem. The theoretical development of such a model is presented and the probabilistic objective function is discussed. The objective is to minimize the sum of expected deviations from the statistically ideal operating levels.
Subject Headings: Reservoirs | Hydrologic models | Probability | Mathematical models | Scheduling | Computer programming | Inventories
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