| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 794326 | Journal of Materials Processing Technology | 2007 | 6 Pages |
Abstract
This paper presents a decision support system (DSS) for evaluating transformer investments in the industrial sector. The DSS evaluates transformer bids based on the total owning cost (TOC). Among all transformer offers, the most cost-effective and energy-efficient transformer is the one with the lowest TOC. The DSS compares the selected offer with the other competing offers. Moreover, the proposed DSS deals with the uncertainty of the values in the TOC formula by performing a sensitivity analysis.
Keywords
Related Topics
Physical Sciences and Engineering
Engineering
Industrial and Manufacturing Engineering
Authors
Pavlos S. Georgilakis,