Fractional programming approach to a cost minimization problem in electricity market

This paper was motivated by a practical optimization problem that appeared in electricity market of Mongolia. We consider the total average cost minimization problem of power companies of the Ulaanbaatar city. By solving an identification problem, we developed a fractional model that quite adequatel...

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Bibliographic Details
Main Authors: Gruzdeva Tatiana, Enkhbat Rentsen, Tungalag Natsagdorj
Format: Article
Language:English
Published: University of Belgrade 2019-01-01
Series:Yugoslav Journal of Operations Research
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0354-0243/2019/0354-02431800003G.pdf