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- W3042907908 abstract "The results of a study carried out within the scope of an oil company management digitalization program are given. Influence of the seasonal fluctuation of demand on production volume and stock of petroleum products has been analyzed. A complex task of determining the optimal levels of stock and coordinating production and sales plans with regard to this stock is discussed. The problem is aimed at establishing the yearly production and sales cycle at which the maximal profit of the company is achieved. The problem is solved using a systemic approach. A two-level optimization algorithm monotonically converging for a finite number of iterations is suggested. Respective software has been developed. Experimental calculations have been completed. Recommendations concerning the intra-year dynamics of production and stock by the main groups of commercial petroleum products are given." @default.
- W3042907908 created "2020-07-23" @default.
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- W3042907908 date "2020-07-18" @default.
- W3042907908 modified "2023-09-23" @default.
- W3042907908 title "Optimization of Production and Sales Program of an Oil Company" @default.
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- W3042907908 doi "https://doi.org/10.1007/978-3-030-53277-2_38" @default.
- W3042907908 hasPublicationYear "2020" @default.
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