Supply chain optimization of petroleum organization under uncertainty in market demands and prices

DOI10.1016/j.ejor.2006.06.081zbMath1146.90354OpenAlexW2043168572MaRDI QIDQ2482761

Imad M. Alatiqi, Haitham M. S. Lababidi, Wafa B. E. Al-Othman, Khawla Al-Shayji

Publication date: 24 April 2008

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2006.06.081

zbMATH Keywords

optimizationstochastic programmingsupply chainoil production and processing

Mathematics Subject Classification ID

Stochastic programming (90C15) Stochastic network models in operations research (90B15)

Related Items

Optimal design of an oil pipeline with a large-slope section, Optimal crude oil procurement under fluctuating price in an oil refinery, Accelerating Benders stochastic decomposition for the optimization under uncertainty of the petroleum product supply chain, Risk integration and optimization of oil-importing maritime system: a multi-objective programming approach, Collaborative production planning of supply chain under price and demand uncertainty, Optimization under uncertainty of the integrated oil supply chain using stochastic and robust programming, Combined pricing and supply chain operations under price-dependent stochastic demand, A centralized stochastic inventory control model for perishable products considering age-dependent purchase price and lead time

Uses Software

• CORO
• GAMS

Cites Work

• Supply chain management and advanced planning -- basics, overview and challenges
• CORO, a modeling and an algorithmic framework for oil supply, transformation and distribution optimization under uncertainty
• Strategic production-distribution models: A critical review with emphasis on global supply chain models
• Planning logistics operations in the oil industry
• Performance, reliability, and performability of material handling systems
• Introduction to Stochastic Programming