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City of London Water: Predicting Electricity Prices and Optimizing Operations
Ernesto Arandia; Joe Naoum-Sawaya; Kira Wembo XueCaso IVEY-9B19E004-EAnálisis de decisionesThe manager of Water Operations at the City of London wanted to reduce the cost of pumping water by optimizing energy use. Water Operations had been consistently experiencing higher operational costs, and electricity bills accounted for up to 30 per cent of its direct costs. If the manager could predict the future cost of energy, she could schedule the operation of the water pumps to benefit from periods of low energy prices, potentially saving u...Desde 8,20 €
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Grace Castings Ltd.: Contemplating Backward Integration
Chitra SinglaCaso IVEY-9B19M059-EDirección estratégica, Iniciativa emprendedoraIn August 2018, the managing director of Grace Castings Ltd. (GCL) was preparing for an upcoming board meeting. At the meeting, which was expected to take place at the company’s head office in Ahmedabad, India, he planned to present the strategic plan for GCL’s future expansion as well as chart the company’s direction. GLC was a small mill that manufactured steel products, including structural bars, thermomechanically treated bars, angles, and ch...Desde 8,20 €