Language: English
Published by VDM Verlag Dr. Müller, 2008
ISBN 10: 3836477920 ISBN 13: 9783836477925
Paperback. Condition: Very Good. CX3 - A paperback book in very good condition that has some bumped corners, light discoloration and shelf wear. A Hybrid of Stochastic Programming Approaches with Economic and Operational Risk Management. 9"x6", 288 pages. Satisfaction Guaranteed. This work proposes a hybrid of stochastic programming (SP) approaches for an optimal midterm refinery planning that addresses three forms of uncertainties: prices of crude oil and products, demands, and yields. An SP technique that utilizes compensating slack variables is employed to explicitly account for constraint violations to increase model tractability. Four approaches are considered to achieve solution and model robustness: (1) the Markowitz's mean-variance (MV) model to handle randomness in the objective coefficients by minimizing the variance (economic risk) of the expected value of the random coefficients; (2) the two-stage SP with fixed recourse to deal with randomness in the RHS and LHS coefficients of the constraints by minimizing the expected recourse costs; (3) incorporation of the MV model within the framework in (2) to formulate a mean?risk model that minimizes the expectation and the operational risk measure of variance of the recourse costs; and (4) reformulation of the model in (3) by adopting mean-absolute deviation (MAD) as the operational risk measure imposed by the recourse costs for a novel refinery planning application. A numerical example is illustrated. Size: 8vo - over 7¾" - 9¾" tall.
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Language: English
Published by VDM Verlag Dr. Mueller E.K., 2008
ISBN 10: 3836477920 ISBN 13: 9783836477925
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Language: English
Published by VDM Verlag Dr. Mueller E.K., 2008
ISBN 10: 3836477920 ISBN 13: 9783836477925
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Language: English
Published by VDM Verlag Dr. Mueller E.K., 2008
ISBN 10: 3836477920 ISBN 13: 9783836477925
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Language: English
Published by VDM Verlag Dr. Mueller E.K., 2008
ISBN 10: 3836477920 ISBN 13: 9783836477925
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Language: English
Published by VDM Verlag Dr. Mueller E.K., 2008
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Language: English
Published by VDM Verlag Dr. Mueller E.K., 2008
ISBN 10: 3836477920 ISBN 13: 9783836477925
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Gebunden. Condition: New. Ali Elkamel is Professor of Chemical Engineering at the University of Waterloo. He is also cross appointed in Systems Design Engineering. Prof. Elkamel holds a BSc in Chemical Engineering and BSc in Mathematics from Colorado School of Mines, MSc in Chemical.
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Taschenbuch. Condition: Neu. Carbon Capture, Utilization, and Storage Technologies | Towards More Sustainable Cities | Ali Ahmadian (u. a.) | Taschenbuch | Green Energy and Technology | viii | Englisch | 2025 | Springer | EAN 9783031465925 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu.
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