A Newsboy Approach to Real-Time Reservoir Operation Modelling

by Emmanuel U. Nzewi, North Carolina A&T State Univ, United States,



Document Type: Proceeding Paper

Part of: Optimizing the Resources for Water Management

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 | Mathematical models | Probability | Computer programming | Mathematics | Inventories | Computer models

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