Models for Optimum Decision Making: Crude Oil Production and Refining - Couverture souple

Livre 276 sur 323: International Series in Operations Research & Management Science
 
9783030402136: Models for Optimum Decision Making: Crude Oil Production and Refining

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Synopsis

This book considers the problem of determining how many barrels of crude oil an oil-producing and exporting country should produce annually for export―along with several other important problems that decision-makers in the crude oil industry face―and discusses procedures for finding optimum solutions for them. It considers the important Objective Functions they need in making these critical decisions, and discusses procedures to find the best solutions. Outputs from the treatment units, in an oil refinery are only semi-finished products; these are blended into finished products like gasoline, diesel oil, etc., meeting various specifications that the marketplace demands. The book discusses models for solving these problems optimally with examples.

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