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    Indian Railways: Estimating Electrical Contract Demand

    Samir Biswas, Preetam Basu

    • Reference: IVEY-W25028-E

    • Year: 2019

    • Number of pages: 5

    • Geographic Setting: India

    • Publication Date: Sep 9, 2021

    • Source: Ivey Business School (Canada)

    • Type of Document: Exercise

    • Industry Setting: Utilities

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    Description

    At the very end of 2019, Jay Prakash Pal, divisional electrical engineer (Traction Distribution) for the Sealdah division of Eastern Railway in India, was asked to prepare a consolidated report for revising the contract demand with power distribution comp

    Learning Objective

    This exercise can be used to discuss decision making through a Monte Carlo simulation model, in a postgraduate course on risk management and business analytics; forecasting models, in a postgraduate course on operations management; and capacity-planning m

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    Keywords

    Capacity planning Decision making Forecasting Monte Carlo simulation Risk analysis