A control method for optimizing an operation of a power plant having generating units during a selected operating period subdivided so to include regular intervals within which each of the generating units comprises one of an on-condition and an off-condition. The control method may include: determining a preferred case for each of the competing operating modes for the intervals; based upon the preferred cases, selecting proposed turndown operating sequences for the selected operating period; determining a shutdown operation for each of the generating units comprising the off-condition for one or more intervals during the selected operating period and, therefrom, calculating a shutdown economic outcome; determining a turndown operation for each of the generating units comprising the on-condition for one or more intervals during the selected operating period and, therefrom, calculating a turndown economic outcome; calculating a sequence economic outcome for each of the proposed turndown operating sequences; and comparing the sequence economic outcomes.