Description
A refiner aims to increase production while ensuring that specifications concerning petroleum products meet set standards. Mathematical programming models are used for this purpose. In addition, options concerning operations as well as a strategic investment are studied and analyzed. This topic discusses optimizing the built-in case for multi-period/multi-product planning models for eight days, modifying eco petrol blend data to make multi-grade products for eight days, and the rollover process. Further, I discusses the stock tank qualities, virtual blend tanks, product specifications/requirements, stock availability/allocation, blend recipes/qualities for all grades, component inventory, etc.
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