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You may want to look at http://simulationresearch.lbl.gov/modelica/releases/v1.6+build.1/help/Buildings_Examples_ChillerPlant.html#Buildings.Examples.ChillerPlant in which the Modelica Buildings library was used to evaluate the energy efficiency of the chiller and water-side economizer control sequence, subject to different control parameters. More details about this model and the controls can be found in http://www.tandfonline.com/doi/pdf/10.1080/19401493.2013.765506