Utility Fuel Inventory Mode. (UFIM)
The Electric Power Research
Institute (EPRI) Utility Fuel Inventory
Model (UFIM) is a tool intended to
help power companies develop reasonable,
low-cost fuel inventory policies.
The principal goal of inventory management
is to balance the cost of building
and maintaining fuel reserves against
the risk of running out of fuel. UFIM
uses analytic techniques to provide
utilities with insights about how
to strike this balance. The purpose
of this module is to discuss the general
nature of the inventory problem, to
describe the features of UFIM, and
to provide interested planners and
decision makers with sample applications
of the model
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| UFIM
develops money-saving fuel inventory
policies that offer the best balance
between holding costs and shortage
risks. Using UFIM, you can analyze
your current inventory policy and
compare it with the UFIM's suggested
least-cost policy taking into account
your plant's uncertainties, burn requirements,
and operating constraints. UFIM is
developed in conjunction with fuel
planners from utilities across the
country. Numerous case studies have
been performed with the model during
years of testing on actual inventory
systems. As a result of this experience,
UFIM is an extremely flexible tool
with a broad range of applications.
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The
latest version of the software is is
responsible for updating updated the
original UFIM, implemented in Fortran/C
for the DOS platform, to the modern
Windows platform using Visual Basic,C
and MS Access. The modern new UFIM version
4.0of UFIM uses Visual Basic for the
GUI ( menus, forms, and reports), uses
C for the calculation engine, and as
well as Access Database to provide effective
inventory for storing case data management
for power utilities.
This version can easily be extended
to work with SQL server.
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