Industrial SMEs may take the decision to invest in energy efficient equipment reduce costs by replacing or upgrading their obsolete due external socio-political and legislative pressures. When equipment, it be beneficial consider adoption of new strategies rising from ongoing transition support green transformation decarbonisation. To face this energy-investment decision-making problem, a set d...

with regard to the importance of scientific decision-making in power plants prioritization to produce electrical energy (power) from renewable energies (purified), in this paper, research with specialists opinions with respond to questionnaires provided upon three efficient operational criterion in position of three presented power plant in country which used wind, solar water energies for prod...

Abstract: Real options approaches can be employed to value the flexibility in the decision-making courses of phased investments. This paper focuses on the two-stage investment problems of venture firms. Firstly, based on the analysis of profit function and real options thinking, stochastic models are proposed to describe the uncertainties of such problems. Then the value function of decision-ma...

This paper studies optimal investment and the dynamic cost of income uncertainty, applying a stochastic programming approach. The motivation is given by a case study in Finnish agriculture. Investment decision is modelled as a Markov decision process, extended to account for risk. A numerical framework for studying the dynamic uncertainty cost is presented, modifying the classical expected valu...

This paper proposed a WebGIS-based, template oriented and on-line group spatial decision support system for Investment Environment analysis. This system provides online mapping, online spatial and non-spatial information query and online multi-criteria evaluation through Internet by integration of WebGIS and analytical module. Template servers as the “smart agent” between user and system, it pr...