DocumentCode
2193402
Title
A novel methodology for management decision in an electrical distribution utility
Author
Slavickas, R. ; EI-Kady, M.
Author_Institution
Florida Univ., FL, USA
fYear
2004
fDate
6-10 June 2004
Abstract
Summary form only given. Logical proportion analysis (LPA) is a new powerful decision-making methodology, which, unlike traditional number-base techniques, is based on logical entity manipulations. Because LPA mimics the procedural manner with which a human brain perceives and reacts to real-life events, it can handle intangible entities such as "concern", "satisfaction", and "perception". Consequently, the logic-based solutions offered by LPA are comprehensive, accurate, and reliable. Although the generic structure and logical inference algorithms of LPA are universal to a large extent, its applications are countless as they encompass virtually all real-life event reaction and handling situations. The purpose of this paper is not to explain the logical inference structure of LPA, but to illustrate how LPA works on situations involving an "intelligent" decision-maker working on a logical event-driven dilemma, which is "comprehended" in terms of several tangible and intangible entities to achieve a "perceived" goal. Some practical examples associated with the electrical industry are included in this paper for demonstration purposes.
Keywords
decision making; power distribution economics; decision-making methodology; electrical distribution utility; electrical industry; generic structure; logical inference algorithm; logical proportion analysis; management decision; Costs; Decision making; Humans; Inference algorithms;
fLanguage
English
Publisher
ieee
Conference_Titel
Power Engineering Society General Meeting, 2004. IEEE
Conference_Location
Denver, CO
Print_ISBN
0-7803-8465-2
Type
conf
DOI
10.1109/PES.2004.1372831
Filename
1372831
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