Original Articles: 2014 Vol: 6 Issue: 5
Numerical simulation of EVA in thermal power plants based on system dynamics
Abstract
Based on the theory of system dynamics, this paper preliminarily builds simple numerical simulation model of economic value added ( referred to as EVA) in thermal power plants. This model simulates EVA in thermal power enterprises after considering many factors. At the same time, it analyzes the main factors which affect EVA in order to provide some help for management in thermal power plants.