Models for Optimum Decision Making: Crude Oil Production and Refining

Author:   Katta G. Murty
Publisher:   Springer Nature Switzerland AG
Edition:   1st ed. 2020
Volume:   286
ISBN:  

9783030402143


Pages:   81
Publication Date:   14 March 2021
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Models for Optimum Decision Making: Crude Oil Production and Refining


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Overview

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.

Full Product Details

Author:   Katta G. Murty
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2020
Volume:   286
Weight:   0.454kg
ISBN:  

9783030402143


ISBN 10:   3030402142
Pages:   81
Publication Date:   14 March 2021
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Chapter 1. History of Crude Oil Refining.- Chapter 2. Operations Inside a Crude Oil Refinery.- Chapter 3. How Much Crude Oil Should an Oil Exporting Country Produce Annually for Export?- Chapter 4. Clustering Problems in Offshore Drilling of Crude Oil Wells.- Chapter 5. A Product Mix Optimization Application at Saudi ARAMCO.- Chapter 6. Product Blending Operations in Crude Oil Refineries.- Chapter 7. Crude Oils Blending in Oil Refineries to Prepare Feedstock into Crude Distillation.- Chapter 8. Pump Allocation at a New Zealand Oil Refinery.

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Author Information

​Katta G. Murty is an Emeritus Professor of industrial and Operations engineering at The University of Michigan, Ann Arbor. Professor Murty teaches graduate and undergraduate courses in linear, integer and non-linear programming and network flows. His recent research includes studies in mathematical programming and its applications as well as research on optimization algorithms. He is the author of eight books on linear and non-linear programming and network flows, and an undergraduate text on Operations Research-Deterministic Optimization Models.

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