Optimization of the petroleum product supply chain under uncertainty: A case study in northern Brazil

Fabricio Oliveira, Silvio Hamacher*

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Tutkimustuotos: LehtiartikkeliArticleScientificvertaisarvioitu

37 Sitaatiot (Scopus)

Abstrakti

This Article addresses the problem of optimizing the investment planning process of a logistics infrastructure for the distribution of petroleum products under uncertainty. For this purpose, a two-stage stochastic model was developed. Because of the large number of possible scenarios for the future realization of demands, the Sample Average Approximation (SAA) methodology was used to produce approximations of the optimal solution. The proposed model and solution methodology were applied to a real case study on the distribution of petroleum products in northern Brazil. The results show that the methodology allows us to obtain solutions that are relatively close to the real optimal solution of the problem with optimality gaps estimated at up to 1%, which are reasonable for most practical purposes.

AlkuperäiskieliEnglanti
Sivut4279-4287
Sivumäärä9
JulkaisuIndustrial and Engineering Chemistry Research
Vuosikerta51
Numero11
DOI - pysyväislinkit
TilaJulkaistu - 21 maalisk. 2012
OKM-julkaisutyyppiA1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä

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