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Models for Optimum Decision Making - Crude Oil Production and Refining (Hardcover, 1st ed. 2020)
Loot Price: R1,559
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Models for Optimum Decision Making - Crude Oil Production and Refining (Hardcover, 1st ed. 2020)
Series: International Series in Operations Research & Management Science, 286
Expected to ship within 10 - 15 working days
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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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