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Rolling Horizon을 적용한 발전용 유연탄 조달 최적화 모델의 민감도 분석A sensitivity analysis for the procurement of bituminous coal using the rolling horizon of an optimization model

Other Titles
A sensitivity analysis for the procurement of bituminous coal using the rolling horizon of an optimization model
Authors
장남철박현지황승준
Issue Date
Dec-2017
Publisher
한국경영공학회
Keywords
Power Generation Industry; Transportation Logistics Optimization; Rolling Horizon; Planning Horizon
Citation
한국경영공학회지, v.22, no.4, pp 13 - 27
Pages
15
Indexed
KCI
Journal Title
한국경영공학회지
Volume
22
Number
4
Start Page
13
End Page
27
URI
https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/10668
DOI
10.35373/KMES.22.4.2
ISSN
2005-7776
Abstract
The purpose of this study is to contribute to the cost competitiveness of domestic power generation companies against uncertainties such as raw material price volatility. Specifically, we created and analyzed scenarios based on how fluctuations in demand changes in inventory holdings, how ship size decision affects the cost of inventory, and the variations of transportation costs influences the amount of raw material to be purchased by the region. To derive the results reflecting the reality, we based on the existing optimization model on minimizing the total cost and by using the real data of a power generation company in Korea. Technically we applied a rolling horizon technique and estimated the effects of rising temperature on the amount of raw materials to be imported.
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