Multi-stage Interventions to Promote Persistent Plug-load Energy Savings in Office Buildings
|
|
- Marlene Sherman
- 5 years ago
- Views:
Transcription
1 Multi-stage Interventions to Promote Persistent Plug-load Energy Savings in Office Buildings Shuoqi Wang, Ph.D. Dept. of Civil & Environmental Engineering, University of Washington, Seattle WA Amy A. Kim, Ph.D. Dept. of Civil & Environmental Engineering, University of Washington, Seattle WA Emma M. Johnson Civic Services, City of Bellevue, Bellevue, WA
2 2 Advanced Power Strips 80x Tier 2 APS deployed to staff; 20x to common areas Web-based software for users Program supported by DEFG/Enmetric Source:
3 3 Multi-Stage Experiment Design Information only how to log in to software. 60% logged in, but no savings Time based rules users received instructions and background on issue. 13% scheduled devices Admin rule monitors were scheduled off at night. 3 users opted out Team competition three teams with a champion. 28%-38% energy reduction per team Personalized energy reports showing comparison with peers. 16% overall energy reduction
4 4 Baseline Info only Rules Team Competition Baseline Personalized energy reports
5 City of Bellevue Employee Responses (n=29) 5
6 6 Project Challenges Installation time-consuming and interruptive. Attrition, labeling changes, & password management.
7 7 Savings Estimate- Energy 403 WH/Day/Cubicle
8 8 Cost Estimates- Labor Plan, direct or coordinate the study Conduct existing office equipment inventory Install plug load monitoring equipment Communicate with participating occupants Perform equipment and network maintenance Hours 1.5 hrs / quarter 33.5 hrs / project 16 hrs / project 4 hrs / month 3 hrs / quarter
9 9 Cost Estimate - Hardware Cost of APS from Different Brands Average = $53.93
10 10 Applied Energy 191 (2017) Corresponding Author: Amy Kim Co-Authors: Shuoqi Wang; Emma M Johnson Understanding the Deterministic and Probabilistic Business Cases for Occupant Based Plug Load Management Strategies in Commercial Buildings
11 11 Define cost and benefit categories Hardware Cost Labor Cost Energy Savings Analyze data from empirical studies Deterministic Calculate descriptive statistics of cost and benefit Calculate deterministic ROI using NPV, IRR, payback period Assign appropriate distributions to each parameter Generating parameter values using Monte Carlo simulation Calculate probabilistic ROI using NPV, IRR, payback period
12 12 Deterministic With the added labor cost, cash saved each year is not enough to cover the recurring cost, and initial investment will not be recovered
13 13 Deterministic When recurring labor cost is not considered, initial investment could be recovered in 6 to 10 years depending on utility price. Ten-Year NPV = $ Ten-Year IRR = 16.87% Payback period = 6 years Ten-Year NPV = $2.52 Ten-Year IRR = 6.10% Payback period = 10 years
14 14 Probabilistic Hardware and Labor National Washington State Min. Median Mean Max. Min. Median Mean Max. Count -118,800-10,680-6, ,300 10,472 kwh/yr for 100 cubicles is mean result from study -69,020-12,600-10, ,700 Need 33,630 kwh/yr to result in a positive NPV NPV [$]
15 15 Probabilistic Washington State Hardware only - limit energy savings below 60%
16 16 Results For the deterministic approach, the interventions are successful in reducing utility costs when labor cost is excluded. For the probabilistic approach, the interventions fail to recapture the additional cost of equipment acquisition, implementation, and operational expenses.
17 Shuoqi Wang Amy Kim Emma Johnson
Software Economics. Introduction to Business Case Analysis. Session 3
Software Economics Introduction to Business Case Analysis Session 3 Recap How much profit will my investment give? What is the Risk of my Investment? When do I get benefit from my investment? Net Present
More informationMost Critical Factors Impacting Cost-Effectiveness of Feedback Programs
Most Critical Factors Impacting Cost-Effectiveness of Feedback Programs Behavior, Energy and Climate Change (BECC) Conference Washington, DC December, 2014 Ali Bozorgi, PhD, CDSM Senior Associate Energy
More informationTIE2140 / IE2140e Engineering Economy Tutorial 6 (Lab 2) Engineering-Economic Decision Making Process using EXCEL
TIE2140 / IE2140e Engineering Economy Tutorial 6 (Lab 2) Engineering-Economic Decision Making Process using EXCEL Solutions Guide by Wang Xin, Hong Lanqing & Mei Wenjie 1. Learning Objectives In this lab-based
More informationRisk vs. Uncertainty: What s the difference?
Risk vs. Uncertainty: What s the difference? 2016 ICEAA Professional Development and Training Workshop Mel Etheridge, CCEA 2013 MCR, LLC Distribution prohibited without express written consent of MCR,
More informationLife Cycle Analysis Money... and More
Life Cycle Analysis Money... and More Dorothy McCarty, AIA, LEED AP Lakeisha Lindsey October 15, 2015 listen engage advise deliver Factors affecting decision making Goals of the organization Market-driven
More informationUse of the Risk Driver Method in Monte Carlo Simulation of a Project Schedule
Use of the Risk Driver Method in Monte Carlo Simulation of a Project Schedule Presented to the 2013 ICEAA Professional Development & Training Workshop June 18-21, 2013 David T. Hulett, Ph.D. Hulett & Associates,
More informationCost Estimation in Public Health Services & Systems Research
University of Kentucky From the SelectedWorks of Glen Mays Summer June 4, 2015 Cost Estimation in Public Health Services & Systems Research Glen P. Mays, University of Kentucky Available at: https://works.bepress.com/glen_mays/204/
More informationT H E B O T T O M L I N E
R O I C A S E S T U D Y P R O G R A M : E N T E R P R I S E A P P L I C A T I O N S D O C U M E N T Q 2 0 0 O C T O B E R 2 0 1 6 OUTSYSTEMS RICOH (SINGAPORE) PTE LTD A N A L Y S T Seth Lippincott T H
More informationJob Ready Assessment Blueprint
Blueprint Test Code: 2120 / Version: 01 Financial and Managerial Accounting (Written Only) Specific Competencies and Skills Tested in this Assessment: Journalizing Understand the theory of double entry
More informationROI CASE STUDY SPSS INFINITY PROPERTY & CASUALTY
ROI CASE STUDY SPSS INFINITY PROPERTY & CASUALTY THE BOTTOM LINE Infinity Property & Casualty Corporation (IPACC) deployed SPSS to reduce its payments on fraudulent claims and improve its ability to collect
More informationSoftware Economics. Introduction to Business Case Analysis. Session 2
Software Economics Introduction to Business Case Analysis Session 2 Today Last Session we covered FV, PV and NPV We started with setting up the financials of a Business Case We talked about measurements
More informationT H E B O T T O M L I N E
R O I C A S E S T U D Y P R O G R A M : E N T E R P R I S E A P P L I C A T I O N S D O C U M E N T Q 1 84 S E P T E M B E R 2 0 1 6 BLACKLINE ASCENSION A N A L Y S T Seth Lippincott T H E B O T T O M
More informationOptimal Search for Parameters in Monte Carlo Simulation for Derivative Pricing
Optimal Search for Parameters in Monte Carlo Simulation for Derivative Pricing Prof. Chuan-Ju Wang Department of Computer Science University of Taipei Joint work with Prof. Ming-Yang Kao March 28, 2014
More informationSoftware Economics. Introduction to Business Case Analysis. Session 2
Software Economics Introduction to Business Case Analysis Session 2 Today Last Session we covered FV, PV and NPV We started with setting up the financials of a Business Case We talked about measurements
More informationSALESFORCE LIGHTNING
R O I C A S E S T U D Y P R O G R A M : C U S T O M E R R E L A T I O N S H I P M A N A G E M E N T D O C U M E N T N U M B E R : S 159 O C T O B E R 2 0 1 8 ROI: 500% Payback: 2.4 Months SALESFORCE LIGHTNING
More informationSoftware Economics. Introduction to Business Case Analysis. Session 1
Software Economics Introduction to Business Case Analysis Session 1 Who am I? Sweden PhD Student in Computer Science (Business Process Management) Masters in Business Administration Worked with development
More informationSample Questions for Chapters 10 & 11
Name: Class: Date: Sample Questions for Chapters 10 & 11 Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. 1. Sacramento Paper is considering
More informationT H E B O T T O M L I N E
P R O G R A M : E N T E R P R I S E A P P L I C A T I O N S R O I C A S E S T U D Y D O C U M E N T Q 1 3 1 J U L Y 2 0 1 6 VAI S2K ENTERPRISE IMPERIAL BAG & PAPER A N A L Y S T S Seth Lippincott, Rebecca
More informationProject Integration Management
Project Integration Management The Key to Overall Project Success: Good Project Integration Management Project managers must coordinate all of the other knowledge areas throughout a project s life cycle.
More informationHFMA WEBINAR. Get Ready for the Certified Healthcare Financial Professional (CHFP) Exam
HFMA WEBINAR Get Ready for the Certified Healthcare Financial Professional (CHFP) Exam Date: Friday, September 12, 2014 Time: 12:00 2:00 pm CTD (10:00 am 12:00 pm PST:MST/10:00 am 12:00 pm MDT/1:00 3:00
More informationValue of Flexibility
Value of Flexibility Dr. Richard de Neufville Professor of Engineering Systems and Civil and Environmental Engineering Massachusetts Institute of Technology Value of Flexibility an introduction using a
More informationOnline Help for Client Employees
Online Help for Client Employees Accessing the portal (Employee) HowdenBenefits.com is an online web based Self Service Portal that enables employees to view details of insurance products offered by their
More informationSCAF Workshop Integrated Cost and Schedule Risk Analysis. Tuesday 15th November 2016 The BAWA Centre, Filton, Bristol
The following presentation was given at: SCAF Workshop Integrated Cost and Schedule Risk Analysis Tuesday 15th November 2016 The BAWA Centre, Filton, Bristol Released for distribution by the Author www.scaf.org.uk/library
More informationSTOCHASTIC COST ESTIMATION AND RISK ANALYSIS IN MANAGING SOFTWARE PROJECTS
STOCHASTIC COST ESTIMATION AND RISK ANALYSIS IN MANAGING SOFTWARE PROJECTS Dr A.M. Connor Software Engineering Research Lab Auckland University of Technology Auckland, New Zealand andrew.connor@aut.ac.nz
More informationKNPC Risk Approach for Projects Economic Evaluation
KNPC Risk Approach for Projects Economic Evaluation Implementation Approach March 2015 Presented by Eng. May Al-Ebrahim Introduction Investment decisions require special attention because they involve
More informationD.A. Davidson Financial Institutions Conference Quarter ending: March 31, 2015
D.A. Davidson Financial Institutions Conference Quarter ending: March 31, 2015 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
More informationMGMT Managerial Accounting and Finance ( version L )
MGMT 1135 - Managerial Accounting and Finance ( version 213L ) Course Title Course Development Support Managerial Accounting and Finance Course Description Standard No The focus of this course is to acquire
More informationSTOCHASTIC COST ESTIMATION AND RISK ANALYSIS IN MANAGING SOFTWARE PROJECTS
Full citation: Connor, A.M., & MacDonell, S.G. (25) Stochastic cost estimation and risk analysis in managing software projects, in Proceedings of the ISCA 14th International Conference on Intelligent and
More informationT H E B O T T O M L I N E
R O I C A S E S T U D Y P R O G R A M : C U S T O M E R R E L A T I O N S H I P M A N A G E M E N T D O C U M E N T S 13 J A N U A R Y 2 0 1 8 SATUIT TECHNOLOGIES CALCAP ADVISORS A N A L Y S T S Kelsey
More informationProject Management Certificate Program
Project Management Certificate Program Risk Management Terry Skaggs ( Denver class) skaggst@centurytel.net 719-783-0880 Lee Varra-Nelson (Fort Collins class) lvarranelson@q.com 970-407-9744 or 970-215-4949
More informationIDENTIFYING AND QUANTIFYING RISKS AND UNCERTAINTIES IN DEVELOPING AN OFFSHORE OILFIELD UNDER VARYING OIL PRICE REGIMES
IDENTIFYING AND QUANTIFYING RISKS AND UNCERTAINTIES IN DEVELOPING AN OFFSHORE OILFIELD UNDER VARYING OIL PRICE REGIMES By Adeogun Oyebimpe, Wumi Iledare, Green Ovunda Emerald Energy Institute University
More informationADAPTIVE INSIGHTS GENTIVA
ROI CASE STUDY ADAPTIVE INSIGHTS GENTIVA THE BOTTOM LINE Gentiva deployed Adaptive Insights Adaptive Planning solution to replace a number of solutions that made the budget process cumbersome, frustrated
More informationPrioritization of Climate Change Adaptation Options. The Role of Cost-Benefit Analysis. Session 8: Conducting CBA Step 7
Prioritization of Climate Change Adaptation Options The Role of Cost-Benefit Analysis Session 8: Conducting CBA Step 7 Accra (or nearby), Ghana October 25 to 28, 2016 8 steps Step 1: Define the scope of
More informationT H E B O T T O M L I N E
P R O G R A M : C U S T O M E R R E L A T I O N S H I P M A N A G E M E N T R E S E A R C H N O T E D O C U M E N T Q 9 8 J U N E 2 0 1 6 ZENDESK TRUSTPILOT A N A L Y S T S Rebecca Wettemann, Barbara Peck
More informationFINANCE & ACCOUNTING FEASIBILITY STUDIES: PREPARATION, ANALYSIS AND EVALUATION NON-TECHNICAL & CERTIFIED TRAINING COURSE
FEASIBILITY STUDIES: PREPARATION, ANALYSIS AND EVALUATION FINANCE & ACCOUNTING NON-TECHNICAL & CERTIFIED TRAINING COURSE The Course Uses A Mix Of Interactive Techniques, Such As Brief Presentations By
More informationCALLON PETROLEUM COMPANY
CALLON PETROLEUM COMPANY Louisiana Energy Conference June 2016 2 IMPORTANT DISCLOSURES FORWARD-LOOKING STATEMENTS This presentation contains projections and other forward-looking statements within the
More informationBrief course information Strategic planning and project selection Project integration management Project scope management
Brief course information Strategic planning and project selection Project integration management Project scope management Total Quality Project Management 2 This is an individual work. Each student prepares
More informationRules for the Technical Installations of the Trading Systems
Rules for the Technical Installations of the Trading Systems 1. General rules for access to the exchange EDP system (1) The Rules for the Technical Installations govern access to the EDP system of the
More informationPoor Man s Approach to Monte Carlo
Poor Man s Approach to Monte Carlo Based on the PMI PMBOK Guide Fourth Edition 20 IPDI has been reviewed and approved as a provider of project management training by the Project Management Institute (PMI).
More informationPennsylvania Power Company. Cost Baseline for Savings as a Result of the Deployment of Smart Meters At December 31, 2017
Page 1 of 11 Pennsylvania Power Company Cost Baseline for Savings as a Result of the Deployment of Smart Meters At December 31, 2017 Description 1 Meter reading (Page 2) 1,189,216 2 Meter services (Page
More informationACST829 CAPITAL BUDGETING AND FINANCIAL MODELLING. Semester 1, Department of Actuarial Studies
ACST829 CAPITAL BUDGETING AND FINANCIAL MODELLING Semester 1, 2010 Department of Actuarial Studies MACQUARIE UNIVERSITY FACULTY OF BUSINESS AND ECONOMICS UNIT OUTLINE Year and Semester: Semester 1, 2010
More informationKeefe, Bruyette & Woods Winter Financial Services Conference February 14-15, 2019
Keefe, Bruyette & Woods Winter Financial Services Conference February 14-15, 2019 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act
More informationAn Interesting News Item
ENGM 401 & 620 X1 Fundamentals of Engineering Finance Fall 2010 Lecture 26: Other Analysis Techniques If you work just for money, you'll never make it, but if you love what you're doing and you always
More informationRisk and Uncertainty Management Best Practices and Misapplications for Cost and Schedule Estimates SPE 97269
Risk and Uncertainty Management Best Practices and Misapplications for Cost and Schedule Estimates SPE 97269 John de Wardt, DE WARDT AND CO INC Susan Peterson, J Murtha and Assoc s James Murtha, J Murtha
More informationABOUT ACADEMICS ADMISSIONS ATHLETICS MAKE A GIFT. Community Faculty & Staff Students
ABA Home My Sac State Contact Directories Go ABOUT ACADEMICS ADMISSIONS ATHLETICS MAKE A GIFT QUICK LINKS Administration & Business Affairs ABA Home About ABA Office of the VP/CFO Initiatives Departments
More informationNotes for CHEE 332 Report
Notes for CHEE 332 Report - binary VLE data should be from a reputable source (ex. not from somerandomwebsite.com) and if you are using Perry's Handbook then recognize that the data is not originally from
More informationIntegrated Cost-Schedule Risk Analysis Improves Cost Contingency Calculation ICEAA 2017 Workshop Portland OR June 6 9, 2017
Integrated Cost-Schedule Risk Analysis Improves Cost Contingency Calculation ICEAA 2017 Workshop Portland OR June 6 9, 2017 David T. Hulett, Ph.D., FAACE Hulett & Associates, LLC David.hulett@projectrisk
More informationAsset Valuation Models Capital Budgeting Criteria Problem Set Boise State EMBA Byers
Asset Valuation Models Capital Budgeting Criteria Problem Set Boise State EMBA Byers Remember this is an individual assignment. You should start with a blank spreadsheet. Deliverable: submit your spreadsheet
More informationConstruction Research Congress
Construction Research Congress 2016 1254 Sensitivity Analysis of Factors Affecting Decision-Making for a Housing Energy Retrofit: A Case Study Amirhosein Jafari, S.M.ASCE 1 ; Vanessa Valentin, Ph.D., M.ASCE
More informationA Markov Chain Approach to Forecasting Enrollments
A Markov Chain Approach to Forecasting Enrollments Armando Levy, Ph.D. (Joint with Charlie Gibbons, Jenny Palmer and Joe Wharton) Copyright 2012 The Brattle Group, Inc. Monterey, California www.brattle.com
More informationRent ranking for counties in Seattle-Tacoma-Bellevue WA MSA. 1. King $1, Snohomish $1, Pierce $905
1 of 8 Pierce is 1 of 3 counties in Seattle-Tacoma-Bellevue WA (with at least 5 communities) Rent ranking for counties in Seattle-Tacoma-Bellevue WA County Avg Rent 1. King $1,196 2. Snohomish $1,004 3.
More informationResults First: Helping States Apply Objective Data and Independent Analysis to Policy Decisions to Get the Best Return on Investment
Results First: Helping States Apply Objective Data and Independent Analysis to Policy Decisions to Get the Best Return on Investment Sara Watson, Interim Director, Results First Senior Officer, Pew Center
More informationMonitoring Accrual and Events in a Time-to-Event Endpoint Trial. BASS November 2, 2015 Jeff Palmer
Monitoring Accrual and Events in a Time-to-Event Endpoint Trial BASS November 2, 2015 Jeff Palmer Introduction A number of things can go wrong in a survival study, especially if you have a fixed end of
More informationIncreasing Efficiency for United Way s Free Tax Campaign
Increasing Efficiency for United Way s Free Tax Campaign Irena Chen, Jessica Fay, and Melissa Stadt Advisor: Sara Billey Department of Mathematics, University of Washington, Seattle, WA, 98195 February
More informationAn Authoritative Look at the ROI of Worksite Wellness
An Authoritative Look at the ROI of Worksite Wellness Larry S. Chapman MPH President and CEO Chapman Institute Seattle, WA 98155 (206) 364 3448 LChapman@ChapmanInstitute.net 1 Agenda Potential ROI of worksite
More informationRisk Informed Decision-making Framework for Operating Reservoirs Under Flooding Conditions: Accounting for Uncertainty and Risk
EPiC Series in Engineering Volume 3, 2018, Pages 1945 1954 HIC 2018. 13th International Conference on Hydroinformatics Engineering Risk Informed Decision-making Framework for Operating Reservoirs Under
More informationMaking Decisions in the Face of Risk and Uncertainty
Making Decisions in the Face of Risk and Uncertainty R. Britt Freund, Ph.D. Project Management Consortium Information, Risk and Operations Management The University of Texas at Austin Case Study in the
More informationDavid T. Hulett, Ph.D, Hulett & Associates, LLC # Michael R. Nosbisch, CCC, PSP, Project Time & Cost, Inc. # 28568
David T. Hulett, Ph.D, Hulett & Associates, LLC # 27809 Michael R. Nosbisch, CCC, PSP, Project Time & Cost, Inc. # 28568 Integrated Cost-Schedule Risk Analysis 1 February 25, 2012 1 Based on AACE International
More informationP R O S T Pension Reform Options Simulation Toolkit. Tatyana Bogomolova, World Bank, HDNSP
P R O S T Pension Reform Options Simulation Toolkit Tatyana Bogomolova, World Bank, HDNSP 1 Why Modelling? Many factors have to be taken into account when assessing a real pension system, and its different
More informationIncorporating Variability into Life Cycle Cost Analysis and Pay Factors for Performance-Based Specifications
Incorporating Variability into Life Cycle Cost Analysis and Pay Factors for Performance-Based Specifications Leanne Whiteley, BASc. MASc Candidate Susan Tighe, Ph.D., P.Eng. Canada Research Chair in Pavement
More informationinty Integrated Online Services: USA Service Level Agreement Document Ref: OPS1000
inty Integrated Online Services: USA Service Level Agreement Table of Contents 1. Introduction... 1 1.1 Business Context... 1 1.2 Stakeholders... 1 1.2.1 inty Operations Team... 1 1.2.2 inty Management
More informationThe Cost of Pavement Ownership (Not Your Father s LCCA!)
The Cost of Pavement Ownership (Not Your Father s LCCA!) Mark B. Snyder, Ph.D., P.E. President and Manager Pavement Engineering and Research Consultants, LLC 57 th Annual Concrete Paving Workshop Arrowwood
More informationValue of Flexibility an introduction using a spreadsheet analysis of a multi-story parking garage
Value of Flexibility an introduction using a spreadsheet analysis of a multi-story parking garage Tao Wang and Richard de Neufville Intended Take-Aways Design for fixed objective (mission or specifications)
More informationROI CASE STUDY. ROI: 244% Payback: 3.7 months Average annual benefit: R34,407,024 (US$ 3,815,085) Malawi, Uganda, Tanzania and Zambia.
ROI CASE STUDY IBM SPSS ANALYTICS DECISION MANAGEMENT SANTAM INSURANCE THE BOTTOM LINE Nucleus Research examined the use of IBM SPSS at Santam Insurance to measure the benefits of predictive analytics.
More informationAdrian Apartments II 555 Peachtree St Atlanta GA 30303
Prepared for Brett Johnson January 10, 2009 Presented by Your Company Name Here 1212 Main St Atlanta GA 30030 info@yourcompany.com Disclaimer: All information presented is believed to be accurate. The
More informationBusiness Planning and Modeling. Business Planning and Modeling
ITU/ BDT «Training and Trials on Network Planning Tools for Evolving Network Architectures» June 4-84 8 2007 Moscow, Russian Federation Oscar González Soto ITU Consultant Expert Strategic Planning and
More informationPower Quality Report - EN 50160
200 0 Power Quality Report - EN 50160 Report Report number: 26/2014 Start date: 24.06.2014 End date: 28.06.2014 : Failed Status: Not complete Monitoring time: 16:30:00 Evaluation: All deviations Flicker
More informationThe Need for Standards: Lessons from Benefit Cost Analysis of Communities That Care
The Need for Standards: Lessons from Benefit Cost Analysis of Communities That Care Workshop on Standards for Benefit Cost Analysis of Preventive Interventions for Children, Youth, and Families Session
More informationDeveloping a Robust Business Case for Automation TRACK 3: SESSION 3
Developing a Robust Business Case for Automation TRACK 3: SESSION 3 Speaker Marc Wulfraat MWPVL International Inc. Supply Chain and Logistics Consultants President Email: Marc.Wulfraat@mwpvl.com Phone:
More informationPrincess Nora University Computer Science and Information Faculty Information Systems Department IS321
Princess Nora University Computer Science and Information Faculty Information Systems Department IS321 Chapter 5 Initiating & Planning Systems Development Projects 1 Learning Objectives Describe steps
More informationEvaluation of Flexibility for a Primary Residence
Evaluation of Flexibility for a Primary Residence Michael Pasqual ESD.71: Application Portfolio Fall 2009 Michael Pasqual ESD.71 Application Portfolio 2 of 28 Abstract In this paper, we apply real-options
More informationKwamena Quagrainie Dept. of Agricultural Economics Purdue University
Economics of Aquaculture Production Kwamena Quagrainie Dept. of Agricultural Economics Purdue University Production Process Fish production is a biological process There are production processes and needs
More informationEconomic Feasibility and Investment Decisions of Coal and Biomass to Liquids
Economic Feasibility and Investment Decisions of Coal and Biomass to Liquids Oleg Kucher and Jerald J. Fletcher West Virginia University 30 th USAEE/IAEE North American Conference, October 9-12, 2011,
More information(RISK.03) Integrated Cost and Schedule Risk Analysis: A Draft AACE Recommended Practice. Dr. David T. Hulett
(RISK.03) Integrated Cost and Schedule Risk Analysis: A Draft AACE Recommended Practice Dr. David T. Hulett Author Biography David T. Hulett, Hulett & Associates, LLC Degree: Ph.D. University: Stanford
More informationIntegrated Cost Schedule Risk Analysis Using the Risk Driver Approach
Integrated Cost Schedule Risk Analysis Using the Risk Driver Approach Qatar PMI Meeting February 19, 2014 David T. Hulett, Ph.D. Hulett & Associates, LLC 1 The Traditional 3-point Estimate of Activity
More informationLewis Coopersmith, Ph. D. Associate Professor, Rider University
Optimal Tax-efficient Retirement Income and Lifestyle Planning: Making the Most of One s Nest Egg (Part II) INFORMS New York Metro Wednesday, December 18, 2013 Lewis Coopersmith, Ph. D. Associate Professor,
More informationIntroduction to RELCOST. Carolyn Roos, Ph.D. Northwest CHP Technical Assistance Partnerships Washington State University Energy Program
Introduction to RELCOST Carolyn Roos, Ph.D. Northwest CHP Technical Assistance Partnerships Washington State University Energy Program 1 Overview of RELCOST Presentation Outline Program use Results A review
More informationCost Allocation Manual
Page 1 of 19 Black Hills Service Company Cost Allocation Manual Effective Date: July 14, 2008 Amended: January 1, 2010 Amended: August 1, 2010 Page 2 of 19 Black Hills Service Company Cost Allocation Manual
More informationSOA Risk Management Task Force
SOA Risk Management Task Force Update - Session 25 May, 2002 Dave Ingram Hubert Mueller Jim Reiskytl Darrin Zimmerman Risk Management Task Force Update Agenda Risk Management Section Formation CAS/SOA
More informationGetting Growth to Pay for Growth. Growth is (still) coming...
Getting Growth to Pay for Growth Growth is (still) coming... Getting Growth to Pay for Growth Washington APA Conference Spokane, WA October 17, 2014 Context and use Definition and types How to calculate
More informationCorporate Management, Gestion d'entreprise, entrepreneuriat, PME
Corporate Management, Gestion d'entreprise, entrepreneuriat, PME Orsys, with 30 years of experience, is providing high quality, independant State of the Art seminars and hands-on courses corresponding
More informationTo acquaint yourself with the practical applications of simulation methods.
Unit 5 SIMULATION THEORY Lesson 40 Learning objectives: To acquaint yourself with the practical applications of simulation methods. Hello students, Now when you are aware of the methods of simulation and
More informationBasic Principles of Probability and Statistics. Lecture notes for PET 472 Spring 2012 Prepared by: Thomas W. Engler, Ph.D., P.E
Basic Principles of Probability and Statistics Lecture notes for PET 472 Spring 2012 Prepared by: Thomas W. Engler, Ph.D., P.E Definitions Risk Analysis Assessing probabilities of occurrence for each possible
More informationOhio ICF Reimbursement Methodology
Ohio ICF Reimbursement Methodology Reimbursement Workgroup Meeting August 31st, 2017 Agenda Updates to the Rate Model Cost Coverage Unreimbursed Cost Analysis Increased Reporting Analysis Renovations/
More informationCertified Cost Controller TM
Certified Cost Controller TM Email: info@iabfm.org Web: www.iabfm.org Tel: + 852 685 40145/+86 756 2216205 5 Key Business Benefits 1. Control and manage ALL of your organisation s costs 2. Fully understand
More informationCOST-BENEFIT ANALYSIS Economics 437 / Economics 837 Spring 2014
COST-BENEFIT ANALYSIS Economics 437 / Economics 837 Spring 2014 Problem Set 2 Timing, Scale and Cost of capital Due May 21 @ 16:00 hrs 1 Timing, Scale and Cost of capital 1. Timing A small firm is considering
More informationBETTER BUDGETING WASHINGTON PUBLIC TREASURERS ASSOCIATION BY: MIKE BAILEY
BETTER BUDGETING WASHINGTON PUBLIC TREASURERS ASSOCIATION - 2017 BY: MIKE BAILEY THE PLAN 1. Understanding the opportunities the budget presents 2. Setting the stage for success 3. Using best practices
More informationCorporate Valuation. By Edward Bodmer. Finance Energy Institute pg. 1
Corporate Valuation By Edward Bodmer Finance Energy Institute www.financeenergyinstitutue.com pg. 1 INTERMEDIATE CORPORATE VALUATION MODELLING WITH EXCEL Target Audience The target audience is anyone who
More informationFOR TRANSFER PRICING
KAMAKURA RISK MANAGER FOR TRANSFER PRICING KRM VERSION 7.0 SEPTEMBER 2008 www.kamakuraco.com Telephone: 1-808-791-9888 Facsimile: 1-808-791-9898 2222 Kalakaua Avenue, 14th Floor, Honolulu, Hawaii 96815,
More informationEvaluating the Surveillance-Related Programs and Workforce of the U.S. Centers for Disease Control and Prevention (CDC)
Centers for Disease Control and Prevention Office of Public Health Scientific Services Evaluating the Surveillance-Related Programs and Workforce of the U.S. Centers for Disease Control and Prevention
More informationROBUST OPTIMIZATION OF MULTI-PERIOD PRODUCTION PLANNING UNDER DEMAND UNCERTAINTY. A. Ben-Tal, B. Golany and M. Rozenblit
ROBUST OPTIMIZATION OF MULTI-PERIOD PRODUCTION PLANNING UNDER DEMAND UNCERTAINTY A. Ben-Tal, B. Golany and M. Rozenblit Faculty of Industrial Engineering and Management, Technion, Haifa 32000, Israel ABSTRACT
More informationSoftware Economics. Metrics of Business Case Analysis Part 1
Software Economics Metrics of Business Case Analysis Part 1 Today Last Session we covered FV, PV and NPV We started with setting up the financials of a Business Case We talked about measurements to compare
More informationCFA Level 1 - LOS Changes
CFA Level 1 - LOS s 2015-2016 Ethics Ethics Ethics 1.1.a 1.1.b 1.1.c describe the structure of the CFA Institute Professional Conduct Program and the process for the enforcement of the Code and Standards
More informationMohammed Rafiuddin CEO and General Manager, BIOSI Biohazards Solutions Innovators
Mohammed Rafiuddin CEO and General Manager, BIOSI Biohazards Solutions Innovators Profile of Mohammed Rafiuddin Mohammed is an active member of AACE International since 2006 with 30 years of experience
More informationOutput Analysis for Simulations
Output Analysis for Simulations Yu Wang Dept of Industrial Engineering University of Pittsburgh Feb 16, 2009 Why output analysis is needed Simulation includes randomness >> random output Statistical techniques
More informationMonte Carlo Simulation (General Simulation Models)
Monte Carlo Simulation (General Simulation Models) Revised: 10/11/2017 Summary... 1 Example #1... 1 Example #2... 10 Summary Monte Carlo simulation is used to estimate the distribution of variables when
More informationProject Appraisal and Selection
Project Appraisal and Selection Project Appraisal Objectives Dr. DNS Dhakal Duke University Leadership for Results Program for Mid-Level Officers in the Nepalese Civil Service Kathmandu, Nepal 2 September
More informationUPDATE: School Transportation Efficiency
REPORT TO THE LEGISLATURE UPDATE: School Transportation Efficiency December 2017 Authorizing legislation: RCW 28A.160.117 (http://app.leg.wa.gov/rcw/default.aspx?cite=28a.160.117) Lisa Dawn-Fisher Chief
More informationUncertainty modeling revisited: What if you don t know the probability distribution?
: What if you don t know the probability distribution? Hans Schjær-Jacobsen Technical University of Denmark 15 Lautrupvang, 275 Ballerup, Denmark hschj@dtu.dk Uncertain input variables Uncertain system
More informationUsing Monte Carlo Analysis in Ecological Risk Assessments
10/27/00 Page 1 of 15 Using Monte Carlo Analysis in Ecological Risk Assessments Argonne National Laboratory Abstract Monte Carlo analysis is a statistical technique for risk assessors to evaluate the uncertainty
More information