WoS İndeksli Yayınlar Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.12573/394

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  • Article
    Citation - Scopus: 1
    Machine Learning and Scenario-Based Forecasting of Türkiye’s Renewable Energy Transition toward Net-Zero 2053
    (Elsevier Ltd, 2026-05) Sutcu, Muhammed; Yildiz, Baris; Sahin, Nurettin; Almomany, Abedalmuhdi; Gulbahar, Ibrahim Tumay
    The issue of global warming has been identified as one of the most critical challenges of the 21st century, with the consumption of fossil fuels being identified as a major contributor to greenhouse gas emissions. In response to these challenges, countries worldwide are expediting their transition towards renewable energy sources to meet international climate commitments, such as the Paris Agreement, and to achieve long-term sustainability goals. Türkiye has established a target to achieve net-zero emissions by 2053. This objective is consistent with both the nation's domestic energy strategy and its international commitments. Nevertheless, the transition from fossil fuels to renewable energy sources is impeded by geographical, economic, and technological constraints. The present study aims to assess the capacity and efficiency of renewable energy in Türkiye with environmental protocols and future electricity demand projections. Electricity generation, transmission data, and national energy plans are used to identify future electricity generation and capacity trends. In the context of this study, a range of machine learning models is executed across diverse scenarios, yielding a series of outcomes. Consequently, the repercussions of regulatory measures and financial investments were examined, and prospective inferences were derived. The findings underscore the pivotal role of scenario-based modeling in formulating sustainable energy policies and directing investment decisions within the context of climate change mitigation.
  • Article
    Citation - WoS: 4
    Citation - Scopus: 6
    A Variant SDDP Approach for Periodic-Review Approximately Optimal Pricing of a Slow-Moving a Item in a Duopoly Under Price Protection With End-Of Return and Retail Fixed Markdown Policy
    (Pergamon-Elsevier Science Ltd, 2023-02) Yildiz, Baris; Sutcu, Muhammed
    In this paper, we examine a selling environment where a manufacturer-controlled retailer and an independent retailer sell a slow-moving A item. The manufacturer offers the independent retailer a price protection contract stipulating that the manufacturer reimburses the independent retailer in case of a reduction in the wholesale price. The price set by the independent retailer is assumed to be determined by Retail Fixed Markdown (RFM) policy. The manufacturer also offers the independent retailer a special discount rate for the replenishment orders and the retailers are assumed to follow (R, S) inventory replenishment policy. The manufacturer adopts a periodic-review pricing strategy and the mean demand observed by each retailer in a given period depends on the prices. We also take the customers choosing no-purchase option into account. We employ multinomial logit (MNL) models to forecast customers' preferences based on retail prices. The retailers' market shares are esti-mated by customized choice probability functions. We propose stochastic programming models to determine the manufacturer's pricing strategy. Then, we propose a variant Stochastic Dual Dynamic Programming (SDDP) algorithm to determine the manufacturer's approximately optimal pricing strategy by getting around three curses of dimensionality. Then, we move on to the observations on the impact of four critically important contractual parameters on the price, the market shares and the expected total net profits and finally discuss some possible approaches for the selection of the best compromise values of those contractual parameters.