Linear programming throws up a 5 MMTPA refinery expansion
Dec 28:
The website carries here a comprehensive Linear Programming (LP) model used by the oil & gas consultant to arrive at an optimal refinery configuration involving an expansion in India 8LP is a mathematical technique for determining the most optimum allocation of resources to achieve a particular objective when there are alternative uses for the resources. 8Optimizing the operation of refinery or the determination of the optimal configuration is a typical application of linear programming. 8The refinery is described by a set of given equations and/ or inequalities involving variables, and solved by finding the non-negative values of these variables which satisfy the equations and inequalities while also maximizing profits. 8This analysis involved the creation of a model that represented nearly 2000 equations and more than 2000 variables. 8The end result is an upcoming 5 MMTPA expansion and all other attendant relationships 8Find out the full range of parameters which get thrown up from this programming model. Click on Reports for more