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About Supply Chain Optimization of Petroleum Refinery Complexes: January 2003
This document summarizes a research article about optimizing supply chains for petroleum refinery complexes. The authors extend an existing model for single refinery production planning to a new model that incorporates multiple interconnected refineries. The new model is a large-scale mixed integer nonlinear program that maximizes net present value over a planning horizon, subject to inventory constraints, mass balances, and operational constraints at each refinery. The model is applied to a real-world network of three refineries supplied by a single oil terminal handling different crude oil types to analyze production scenarios.
Detailed Information
| Author: | ['Thao Le'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 15 |
| Language: | English |
| Format: | |
| Price: | FREE |
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