busi732 / Team-2-2024Fall

This is a project repository for Team 2 members in BUSI 732 Quantitative Research, 2024Fall
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Defining our Research Goal and Aim #17

Closed ajhaller closed 1 week ago

ajhaller commented 2 weeks ago

Objective Define the aim and goals of the Wind Turbine Optimization project to guide the development of a predictive maintenance recommendation model. The aim is to enhance turbine reliability and maximize operational uptime through cost-efficient maintenance strategies.

As a data science team, we need to clearly define the aim and goals of the Wind Turbine Optimization project so that we can align our analysis and modeling efforts to support strategic maintenance decisions. By focusing on cost-effective maintenance solutions, we aim to ensure continuous turbine operation, reduce downtime, and manage maintenance expenses efficiently across different fault types and seasonal cost fluctuations.

gibby-ci commented 2 weeks ago

@rr-85 @ajhaller who took this on? what is the goal for this week within this? what is the value to the development effort?

rr-85 commented 1 week ago

Defining our Research Goal and Aim

Role: Data Science Team at EnergyCo

Goal: Research and select the best optimization library and conduct an initial implementation

Reason: To effectively model and solve the maintenance strategy optimization problem for EnergyCo, ensuring minimized costs and optimal turbine operation.

INVEST Criteria:

Task 1: Define the Business Question and Expected Output

Data Requirements: