A model for operational budgeting in fossil power plants based on machine learning and ground theory method

Message:
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

The aim of the current research is to provide a comprehensive model for providing a model for operational budgeting in fossil power plants based on machine learning and ground theory methods. In this research, the impact of the participatory approach in performance-based budgeting on accountability in the public sector was investigated. Budgeting on the basis of performance provides a basis for more accountability against the use of the organization's resources. In addition, issues such as environmental protection, high initial investment cost and optimal use of resources have a direct impact on the performance of the players in this market. Unfortunately, in the new competitive conditions, the traditional and classic models that assume the economic factors (producers or consumers) to be homogeneous and without interaction do not have the necessary efficiency and do not provide acceptable results. Operational investigation explains the behavior of heterogeneous production units and allows interaction and learning in a dynamic environment, but due to the breadth of the model and its complexities, an analytical solution cannot be used to obtain variables in equilibrium conditions. Due to the advancement of computing technology, the results of agent-based models can usually be evaluated with simulation methods in the context of different scenarios. Production units present their proposed production schedule for every hour to the operating entity. According to the consumption demand forecast for the next twenty-four hours and by implementing the auction mechanism, this institution determines the winning units and the market price, and then by implementing the settlement mechanism, sales and settlements are done. Considering the necessity of balance of consumption and production in the whole country as well as the geographical distribution of production and consumer units, in addition to the amount of consumption, economic restrictions and technical restrictions related to production, transmission and distribution are also considered in the auction mechanism. The findings of the research show that the existing infrastructure of performance-based budgeting does not affect financial accountability in the public sector, while it has a negative effect on operational accountability. The establishment of performance-based budgeting infrastructure and the use of a participatory approach in budgeting will increase the level of accountability of the government in the public sector.

Language:
Persian
Published:
Journal of Technology in Entrepreneurship and Strategic Management, Volume:3 Issue: 2, 2024
Pages:
168 to 187
https://www.magiran.com/p2741179