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International Series in Operations Research & Management Science

Models for Optimum Decision Making

Crude Oil Production and Refining

Editors: Murty, Katta G. (Ed.)

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  • First book to apply OR techniques specifically to crude oil production and refining
  • Examines the problem of deciding how much crude to produce annually for export each year
  • Considers the decision of how much crude should be refined, for selling output products, vs. selling raw crude
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  • ISBN 978-3-030-40212-9
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About this Textbook

This book considers the problem of determining how many barrels of crude oil an oil-producing and exporting country should produce annually for export―along with several other important problems that decision-makers in the crude oil industry face―and discusses procedures for finding optimum solutions for them. It considers the important Objective Functions they need in making these critical decisions, and discusses procedures to find the best solutions. Outputs from the treatment units, in an oil refinery are only semi-finished products; these are blended into finished products like gasoline, diesel oil, etc., meeting various specifications that the marketplace demands. The book discusses models for solving these problems optimally with examples.

About the authors

​Katta G. Murty is an Emeritus Professor of industrial and Operations engineering at The University of Michigan, Ann Arbor. Professor Murty teaches graduate and undergraduate courses in linear, integer and non-linear programming and network flows. His recent research includes studies in mathematical programming and its applications as well as research on optimization algorithms. He is the author of eight books on linear and non-linear programming and network flows, and an undergraduate text on Operations Research-Deterministic Optimization Models.

Table of contents (8 chapters)

Table of contents (8 chapters)

Buy this book

eBook $59.99
price for Brazil (gross)
  • ISBN 978-3-030-40212-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $79.99
price for Brazil
  • ISBN 978-3-030-40211-2
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Models for Optimum Decision Making
Book Subtitle
Crude Oil Production and Refining
Editors
  • Katta G. Murty
Series Title
International Series in Operations Research & Management Science
Series Volume
286
Copyright
2020
Publisher
Springer International Publishing
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
eBook ISBN
978-3-030-40212-9
DOI
10.1007/978-3-030-40212-9
Hardcover ISBN
978-3-030-40211-2
Series ISSN
0884-8289
Edition Number
1
Number of Pages
XIII, 81
Number of Illustrations
2 b/w illustrations, 15 illustrations in colour
Topics

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