Two-stage stochastic programming with fixed recourse via scenario planning with economic and operational risk management for petroleum refinery planning under uncertainty
This work proposes a hybrid of stochastic programming (SP) approaches for an optimal midterm refinery planning that addresses three sources of uncertainties: prices of crude oil and saleable products, demands, and yields. An SP technique that utilizes compensating slack variables is employed to expl...
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| Main Authors: | , , , |
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| Format: | Article |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://eprints.utp.edu.my/239/1/paper.pdf http://www.scopus.com/inward/record.url?eid=2-s2.0-44949109335&partnerID=40&md5=df92e4f99812850367199c97a8c7386a http://eprints.utp.edu.my/239/ |
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