Decision support systems based on the economic feasibility assessment for Municipal Solid Waste (MSW) Management under Uncertainty using SimLab? toolpack

摘要

The purpose of this paper is to assess the economic feasibility of the waste to energy pyrolysis facility designs for City of Konin, in Poland. The economic analysis, including five Capital Budget steps (Etaps), Monte Carlo (MC) simulations and SimLab? software are discussed. The benefits of a simulation modelling approach are saving in time and resources. MC simulation is often used to evaluate the risk involved in decision making. Standardised Regression Coefficients (SRC) sensitivity analysis is performed, based on the 10000 trails. Uniform distributions have been assigned for simulations.