Question
Florida Generation owns two generating units with the following cost curve: Unit A: C-20+ 1.7 P +0,04 PS/h Unit B: Ca 16+ 1.8 P
Florida Generation owns two generating units with the following cost curve: Unit A: C-20+ 1.7 P +0,04 PS/h Unit B: Ca 16+ 1.8 P +0.03 PS/h Florida Generation needs to supply a demand of 260MW. It can also purchase power from the wholesale power market with a market clearing price at $10/MWh. Find the optimal production level for each unit and the optimal amount of power that is to be purchased from the wholesale power market.
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Cost Accounting A Managerial Emphasis
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6th Canadian edition
978-0132893534, 9780133389401, 132893533, 133389405, 978-0133392883
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