Scenario Generation and Scenario Reduction
min $50 AUD / hour
Assuming to have a certain number of generating units which can be either in operating or failure status, integrated with renewable micro-sources (such as PV or/and wind Turbine) which their probability density functions are known, how to generate various scenarios using Monte Carlo simulation and determine the probability of occurrence of each scenario?
Moreover, how to reduce the number of created scenarios to a certain number (let's say 10)? I need the code in Matlab and the related comments in the code so that I could figure out how it is done.
Further details are provided upon the request.
Project ID: #17102286
About the project
4 freelancers are bidding on average $53/hour for this job
Hi, I am a post graduate power electronics engineer and having very good experience in product design and development. I am excellent in SMPS, supplies design from few watts to KW range using Buck, Boost, Buck -boost, More
Hello, I'm software developer with 12+ years of experience and mathematician with a number of publications. Also I'm participant and problem writer of many algorithm competitions (Topcoder, ACM ICPC, etc). Feel More
Hello, Click on the [CHAT] button below so that I can ask a few questions concerning your Scenario Generation and Scenario Reduction project. I have read all the provided instructions, and I am the right person to w More