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Models for Optimum Decision Making
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Models for Optimum Decision Making : Crude Oil Production and Refining

2020 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 3030402118
ISBN-13 9783030402112
Edition 2020 ed.
Publisher Springer Nature Switzerland AG
Imprint Springer Nature Switzerland AG
Country of Manufacture GB
Country of Publication GB
Publication Date Mar 14th, 2020
Print length 81 Pages
Ksh 8,100.00
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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 ?nding optimum solutions for them.
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 ?nding optimum solutions for them. It considers the important Objective Functions they need in making these critical decisions, and discusses procedures to ?nd the best solutions. Outputs from the treatment units, in an oil re?nery are only semi-?nished products; these are blended into ?nished products like gasoline, diesel oil, etc., meeting various speci?cations that the marketplace demands. The book discusses models for solving these problems optimally with examples.

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