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Optimization methods in liquids hauling and inventory

Posted on:2016-05-13Degree:M.SType:Thesis
University:University of Colorado at DenverCandidate:Dyk, Wesley OFull Text:PDF
GTID:2470390017476144Subject:Applied Mathematics
Abstract/Summary:
Crude oil and waste water are two liquid products of the petroleum exploration and production sector which are distributed using trucked transportation. Managing the resources to handle inventory, transportation and disposition of the products is a highly complex task. Seeking operational efficiency is aided by the use of optimization models. Initial approaches to solving these models are reported and have seen some positive results. Model enhancement and updated solution methods are required for their use in operations environments. This thesis includes discussion of the development and application of these models and methods using mathematical programming and heuristics.
Keywords/Search Tags:Methods
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