A robust crude oil supply chain design under uncertain demand and market price: A case study

Autor:	Beiranvand Heidar, Ghazanfari Mahdi, Sahebi Hadi, Pishvaee Mir Saman
Jazyk:	English<br />French
Rok vydání:	2018
Předmět:	Chemical technology TP1-1185 Energy industries. Energy policy. Fuel trade HD9502-9502.5
Zdroj:	Oil & Gas Science and Technology, Vol 73, p 66 (2018)
Druh dokumentu:	article
ISSN:	1294-4475 1953-8189
DOI:	10.2516/ogst/2018056
Popis:	In today’s global economy, the oil industry plays a vital role and has an effect on most of countries within leading business environments, particularly in oil producing countries. To deal with the complexity of the crude oil supply network, a mathematical programming model is developed to formulate a crude oil supply chain. A robust optimization model is developed to maximize the profitability of the entire chain and take uncertainties of price and demand into account. The results show that according to the real case study data the robust optimization technique will increase the profitability of the crude oil supply chain.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/2b480706a816485e9000ba4b2fef7610 Zobrazit plný text záznamu View record in DOAJ