Feedstock Routing in the ExxonMobil Downstream Sector
| Autor: | Michael K. Mcdonald, Philip H. Warrick, Jin-Hwa Song, Gary R. Kocis, Kevin C. Furman |
|---|---|
| Rok vydání: | 2011 |
| Předmět: |
Engineering
Decision support system Waste management business.industry Strategy and Management Supply chain Oil refinery Management Science and Operations Research Raw material Manufacturing engineering Routing (hydrology) Inventory management Downstream (manufacturing) Management of Technology and Innovation business Programming formulation |
| Zdroj: | Interfaces. 41:149-163 |
| ISSN: | 1526-551X 0092-2102 |
| DOI: | 10.1287/inte.1100.0508 |
| Popis: | ExxonMobil annually transports significant volumes of vacuum gas oil (VGO) from supply points in Europe to refineries in the United States. Optimizing these transportation costs by using modern mathematical programming technology can provide significant cost savings. We developed a mixed-integer programming formulation for VGO routing and inventory management, and we integrated it into a decision support tool to enable experienced traders and schedulers to further improve the performance of ExxonMobil's downstream supply chain. |
| Databáze: | OpenAIRE |
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