Purpose – The purpose of this paper to develop a novel strategic approach to handle corrective maintenance procedure in the event of a breakdown/disruption of service. A proposal to minimize the recovery time and the breakdown cost in the system in construction plant is presented....

Purpose – The purpose of this paper is to develop a systematic strategic approach to handle corrective maintenance onto the failures/breakdowns of construction equipment. For the maintenance crew/team, a breakdown code management is proposed, which will provide focused and unambiguous approach...

The policy formulation for cooking energy substitution by renewables is addressed in multi-criteria context. A survey is conducted to know the perceptions of different decision making groups on present dissemination of various cooking energy alternatives in India. Nine cooking energy...

The needs of cooking energy in households can be supplemented by parabolic solar cooker (PSC). Policy for energy substitution by renewables has to consider many conflicting socio-economic issues. To know the perceptions of decision-makers and users, a survey is conducted to evaluate nine cooking...

Multi-criteria decision making is an emerging technique for evaluation and policy formulation for renewable energy technology promotion. In this paper, the case of the parabolic solar cooker (PSC), which is a relatively recent innovation, is evaluated with respect to eight prevalent domestic...

In recent years, demand side management (DSM) has emerged as an efficient utility planning strategy for reducing capacity shortages and improving system load factors. The Indian government is adopting various policies to implement DSM programs. DSM implementation involves a variety of interests...

The currency equivalent (CE) monetary aggregates are interpreted as aggregation theoretic money stock measures by Rotemberg et al. (1995), Barnett (1991) and Kelly (2009) and are far more superior to simple sum aggregates as a policy variable. In this context, the components of four official...

The U-shaped relationship between inflation and price dispersion around nonzero inflation rate is due to the use of aggregate measure of relative price variability (RPV), which amounts to specification errors in a piecewise linear regression models. However, the true underlying relationship...

This study decomposes relative price variability into a component due to inflation and a component due to real factors. The empirical results for India suggest that real factors account for 55% and inflation accounts for 45% of the variability in relative price changes. The proportion of...