Stochastic optimisation model of oil refinery industry and uncertainty quantification in scenario tree of pricing and demand

Uncertainties in oil prices and product demands affect oil refinery industry profits. The fluctuations in oil prices and unstable product demands result in disruptions at procurement, production, and inventory stages. This issue has increased awareness among managers and decision-makers to include u...

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Bibliographic Details
Main Author: Mohd. Noh, Norshela
Format: Thesis
Language:English
Published: 2022
Subjects:
Online Access:http://eprints.utm.my/id/eprint/101973/1/NorshelaMohdNohPFS2022.pdf
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