1995
DOI: 10.1016/0377-2217(93)e0237-r
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Water supply operations during drought: A discrete hedging rule

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Cited by 107 publications
(38 citation statements)
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“…By water rationing in filling or emptying or both phases of the reservoir water supply operation, the hedging policy can smooth fluctuations in water deficits and avoid unacceptable single period shortages of high percentage that may occur in future. The three most common forms of hedging policy are: (1) continuous hedging, where the slope of the hedging portion can vary continuously [7]; (2) zone-based hedging, where hedging values are a series of discrete proportions of target demands for different zones of water availability [9]; and (3) two-point type hedging, where a linear hedging policy (slope < 1) connects a first point somewhere up from the origin on the shortage portion of the SOP rule to a second point occurring on the target release line [6,19]. However, whatever the form of hedging rules, the following two critical questions must to be answered: (1) when to hedge?…”
Section: Hedging Policy For Single Reservoir Operationsmentioning
confidence: 99%
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“…By water rationing in filling or emptying or both phases of the reservoir water supply operation, the hedging policy can smooth fluctuations in water deficits and avoid unacceptable single period shortages of high percentage that may occur in future. The three most common forms of hedging policy are: (1) continuous hedging, where the slope of the hedging portion can vary continuously [7]; (2) zone-based hedging, where hedging values are a series of discrete proportions of target demands for different zones of water availability [9]; and (3) two-point type hedging, where a linear hedging policy (slope < 1) connects a first point somewhere up from the origin on the shortage portion of the SOP rule to a second point occurring on the target release line [6,19]. However, whatever the form of hedging rules, the following two critical questions must to be answered: (1) when to hedge?…”
Section: Hedging Policy For Single Reservoir Operationsmentioning
confidence: 99%
“…Among the operation rules mentioned above, the hedging policy can avoid one potential catastrophic deficit of large magnitude that may occur in future by allowing a sequence of smaller deficits in current periods [9] and has been widely applied for managing single reservoir water supply operations during drought periods [5,[8][9][10][11][12]. However, multireservoir systems with water supply tasks often have complex structures of more than one reservoir in series or parallel topologies and numerous parameter variables.…”
Section: Introductionmentioning
confidence: 99%
“…The water supply rule for a specific water user consists of one water supply rule curve and rationing factors that indicate the reliability and priority of the water user. The rationing factors used to determine the amount of water supply for different water demands can be either assigned according to the experts' knowledge or determined by optimization (Shih and ReVelle, 1995). In this paper, rationing factors are given at the reservoir's design stage according to the tolerable elastic range of each water user in which the damage caused by rationing water supply is limited.…”
Section: J Chu Et Al: Improving Multi-objective Reservoir Operationmentioning
confidence: 99%
“…Hashimoto et al [9] showed that the hedging rules were more appropriate when the loss function was non-linear. Optimization of a hedging rule for a water supply reservoir was demonstrated by Shih and ReVelle ( [10], [11]). Optimization of water supply reservoir system using hedging rule is extensively reported in many literatures ( [12], [13] and [14], etc.,).…”
Section: Introductionmentioning
confidence: 99%