Sentence examples for price simulation from inspiring English sources

The price simulation can be derived from Eqs. (1)–(2) if Ito's lemma is applied to these stochastic functions.

Based on the real-life electricity price, simulation results prove the feasibility and effectiveness of proposed algorithm.

Due to the importance and financial attribute of oil price, simulation for the stochastic characteristics of oil price was a focus in real option research.

This paper evaluates different financial price and time series models, such as mean reversion, autoregressive moving average (ARMA), integrated ARMA ARIMAandand general autoregressive conditional heteroscedasticity (GARCH) process, usually applied for electricity price simulations.

The nodal pricing simulations illustrate that congestion and price patterns vary considerably between wind scenarios and within countries, and that a nodal price regime could make better use of existing network capacity, introducing substantial operational cost savings and reducing marginal power prices in the majority of European countries.

Figure 5 shows the pricing model for the simulation.

A simulation of the PPP optimization pricing model and an application of two PPPs are presented in Sect. 4.

Assuming recent production costs and grain prices the simulations helped identify an optimal N rate for each of the zones based on agronomic, economic and environmental sustainability of N management.

Simulation results show that the combination of the MULP algorithm and the RTP pricing model with IBR pricing leads to significant reductions in user payments and total energy consumption.

A larger number increases result resolution at the price of greater simulation time.

Open image in new window Fig. 11 Price change during simulation Open image in new window Fig. 12 Load curve before and after response Table 7 Profit information of retailers Retailers Profit before TOU Profit after TOU 1 3430 3480 2 5490 5560 3 7430 7530 4 3090 3130 5 2910 2950.