# Capacity Planning (Source: Winston, Decision Making Under Uncertainty, pp. 123–128.) An electric…

Capacity Planning (Source: Winston, Decision Making Under Uncertainty, pp. 123–128.) An electric utility currently operates ten plants. The following table gives the fixed costs, variable costs, and capacities of each of these plants. Daily demand is highly uncertain, given by a normal distribution with a mean of 200,000 kwh and a standard deviation of 40,000 kwh.

The utility produces power using the cheapest plants it has to meet the demand each day. If demand exceeds its total capacity, it buys power on the open market at \$15/kwh. The utility

needs to determine which plants to keep open in the long term, given that it will choose the cost-minimizing plants to use to produce power each day.

a. If all ten plants are kept open, what is the total expected cost of meeting demand?

b. If the utility is allowed to close some plants, which ones should it close and what will be the resulting minimum cost?

Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyhomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Paper is great. Just only needed the one reference. Thank you
Customer 453139, May 4th, 2022
Psychology
Customer 453027, January 15th, 2022
Human Resources Management (HRM)
On time and as always a great service! This semester has been very time consuming a tough for my family so this service has not only been a life saver but helped me keep up my grades! If you are in a time crunch or need help, don't hesitate! They are worth it!
Customer 453077, April 4th, 2022
Psychology
Came in as promissed. Good paper.
Customer 453027, January 6th, 2022
Education
N/A
Customer 453057, May 23rd, 2022
Management
Love this writer!!! Great work
Customer 452597, April 5th, 2021
English 101
very good paper thank you.
Customer 453083, February 18th, 2022
Nursing
Usually, references need to be within the past 5 years. Thank you :)
Customer 452547, July 16th, 2021
Emergency Management
Overall, I think it's a great service. I have yet to submit the assignment, so I don't know what kind of grade I'll get. But customer service was excellent. Reviews were made and the assignment proofed for satisfaction.
Customer 453015, December 15th, 2021
Human Resources Management (HRM)
I finished the first deliverable of a project presentation but had no time to finish my second deliverable. The writer revamped my first deliverable and made it much more appealing! Not only was I impressed with the content but I was so grateful for the time they took to redo the background. I have been under a lot of pressure at work and at home so this has been a great service when I have had little time! I appreciate the detail and help! Always on time and always exceeding expectations!
Customer 453077, April 5th, 2022
First of all, the writer made sure that he completely understood my assignment and all the guidelines before he began writing. My paper was finished very fast and well before the specified deadline. I thought it was written excellently. He definitely completely grasped the topic. Overall, he is a great writer and I couldn't have asked for better.
Customer 452441, November 29th, 2021
Other
Thank you , Excellent work
Customer 453201, June 2nd, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend