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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| Format: | Thesis |
| Language: | English |
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2022
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| Online Access: | http://eprints.utm.my/101973/1/NorshelaMohdNohPFS2022.pdf |