COMPLEX PURCHASING – A CASE STUDY OF EVALUATION MODELS FOR LONG-TERM NETWORK CAPITAL INVESTMENTS
Journal Title: International Journal of Engineering Sciences & Research Technology - Year 2015, Vol 4, Issue 1
Abstract
This paper addresses purchasing evaluation models in the European electrical grid sector, with a particular focus on complex and long-term network capital investments. The findings are based on 49 interviews with 10 organizations (power companies, engineering firms, the regulatory body, and special interest groups). This research contributes to knowledge building in the under-researched area of evaluating value in complex long-term purchasing. The study finds that the inherent long-term nature of the investments in products and systems, and the underlying financial situation are of the utmost importance in evaluations, together with strong regulator influence. In fact, the regulatory body not only defines the willingness to pay for the end-consumers through regulations with a focus of protecting consumers from monopolists unfair/high-prices, but also defines the opportunity costs by the predefined a number of costs in the grids in terms of ‘standard-costs’. Although theoretically customer value is defined as the perception of benefits minus the sacrifices for the end-user, in this setting it is the regulatory body that defines this value on behalf of the end-user/consumer. Thus, the regulatory body plays a pivotal role defining the value, value creation and value sharing, and is therefore pivotal in the way in purchasing evaluation models are structured.
Authors and Affiliations
Jakob Rehme, Daniel Nordigården
Analysis of Packets Broadcast over MANET Protocols using UDP Traffic Pattern
Mobile Ad Hoc Network (MANET) is collection of multi-hop wireless mobile nodes that communicate with each other without centralized control or established infrastructure. The stable routing over such a network is...
Constant Stress Accelerated Life Testing Using Rayleigh Geometric Process Model
The current study introduces the Rayleigh geometric process model for the analysis of accelerated life testing under constant stress. The geometric process describes a simple monotone process and has been applied to a...
EFFECTIVENESS OF PCA IN CLASSIFICATION PROBLEMS
This paper is designed to make the study of effectiveness of PCA (Principal Component Analysis) method effectiveness in classification specially for the classification of face and computer virus. This technique is...
Improving the Spectral Efficiency and Data Rate of FHCDMA Scheme for Wireless Communication Channels
In this project, we propose a “two-level” frequency hopping code-division multiple-access (FH-CDMA) scheme for wireless communication systems. In our two-level FH-CDMA scheme, the available transmission bandwidth is di...
Efficient Technique for Improving the Frequency Response of CIC Compensation
This paper presents a new method to improve the frequency response of CIC compensation filter. After the CIC filter cascaded the fir filter which has inversed magnitude response to CIC compensation filter was prop...