Smart grid-integrated vessel through a shore power system

Battery energy storage systems (BESS) that are integrated with the electricity grid have proven to be a suitable solution for reducing costs by providing flexible demand, but are often uneconomical when used solely for this purpose. Despite the research efforts showing the benefits of an energy-integrated harbor-area smart grid (HASG), the...

Long-term C-check scheduling for a fleet of heterogeneous aircraft under uncertainty

The MRO market currently spans around 9.5% of the total operating cost of an airline. Of this, 70% is covered by heavy-maintenance. Reduction of these costs and improving efficiency could, therefore, be significant for an airline. A possible solution is the optimization of the long-term schedule of heavy-maintenance checks. Current approaches...

Appreciation of project management by planning under uncertainties in a high-tech company

In the current era of cut-throat competition, companies carry out projects to support its business. However, studies show that these projects fail to provide the expected results. This is due to the fast-changing environment where the project is set-in. The planning of the projects is influenced by the presence of these uncertainties and hence,...