Power Trading

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EXECUTIVE MBA

(POWER)

SEMESTER IV

YEAR: 2013                                                                                                          SESSION: JULY

ASSIGNMENT – 1

FOR

Power Trading

(MDSP 841D)

(TO BE FILLED BY THE STUDENT)

NAME:                                  _______________________

SAP NO/REGN NO:          _______________________

Section A (20 Marks)

Write short notes on any four of the following:

1.            Barter process

Answer : Whether you are starting or growing a small business, using a barter system preserves working capital to apply to your venture. Also called in-kind trade, trade-outs, counter-trades or contra agreements, this type of process can fund day-to-day operational expenses without cash outlay.

By definition, bartering is the exchange of goods and services for other goods or services. The International Reciprocal Trade Association estimates that $8.25 billion bartered items exchanged hands in 2004. Even so, some business gurus believe companies are not maximizing their own barter possibilities.

2.            Silent trade

Answer : Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking. Group A would leave trade goods in a prominent position and signal, by gong, fire, or drum for example, that they had left goods. Group B would then arrive at the spot, examine the goods and deposit their trade goods that they wanted to exchange and withdraw. Group A would then return and either accept the trade by taking the goods from Group B or withdraw again leaving Group B to add to or change out items to create an equal value. The trade ends when Group A accepts Group B's offer and removes the offered

3.            Operational Philosophy

Answer : The Eaton Regional Education Service Agency Board of Education recognizes that the dynamic educational environment requires us to be organizationally and programmatically flexible to respond to the needs of our constituent districts and the other customers we serve. The Board is committed to fostering an organization that makes meeting the needs of its students and customers its greatest priority, that promotes

4.            Indian Electricity Act, 1910

Answer :

5.            Generation Cost           

Answer : The cost of electricity (typically cents/kWh, Euro/kWh, Euro or $/MWh) generated by different sources is a calculation of the cost of generating electricity at the point of connection to a load or electricity grid. It includes the initial capital, discount rate, as well as the costs of continuous operation, fuel, and maintenance. This type of calculation assists policy makers, researchers and others to guide discussions and decision making.

While calculating costs, several internal cost factors have to be considered.[2] (Note the use of "costs," which is not the actual selling price, since

Section B (30 marks)

(Attempt any three)

1.            Discuss the history of trade like pre-history and ancient history.

Answer : Prehistory of trade :

Trade originated with human communication in prehistoric times. Trading was the main facility of prehistoric people, who bartered goods and services from each other before the innovation of the modern day currency. Peter Watson dates the history of long-distance commerce from circa 150,000 years ago.

In the mediterranean region the earliest

2.            There are three principle acts of power sector in India. Discuss them one by one.

Answer :

3.            Describe Design and auditing of T&D systems.

Answer : The main design and operational parameters for transmission, distribution and industrial grids include: capacity, reliability, quality of power supply and cost effectiveness.

Energy accounting and audit services are provided for the whole or any part of the transmission and distribution network.

4.            Compare and differentiate use of SCADA in past and present system.

Answer : What is SCADA

SCADA stands for Supervisory Control And Data Acquisition. While North Americans use this term to refer to distributed measurement and control systems that are larger in scale, the rest of the world applies this term to any application that performs Supervisory Control And Data Acquisition functions.

SCADA systems perform data collection and control at the supervisory level. Some SCADA systems only monitor without performing controlling