Abstract

This paper describes the use of the Analytic Hierarchy Process (AHP) and Preference Ranking Organization Method for Enrichment Evaluation (PROMETHEE) method for predicting the risk of leakage in a storage tank. This is the first time AHP and PROMETHEE have been used in this way. Important decisions about day to day operations are continually made in a petroleum environment. Storage tanks in refineries contain large volumes of flammable and hazardous liquids. Decision processes need to evaluate and select alternatives with a higher probability of resulting in a hazard, among many different alternatives. The new model described in this paper will aid decision-makers to predict which tank is likely to develop a leak and determine what criteria (source of risk) could result in a leak. Although the case study deals with a specific risk prediction problem, the combination of AHP and PROMETHEE methods can be applied to other decision problems.

Highlights

  • This paper describes the use of the Analytic Hierarchy Process (AHP) and Preference Ranking Organization Method for Enrichment of Evaluation (PROMETHEE) method for predicting the risk in a storage tank

  • A model with 4 criteria divided into 12 sub-criteria was created to select the storage tank with the highest probability of a leak

  • This paper described a new hybrid model created by combining two decision methods: AHP and PROMETHEE

Read more

Summary

Introduction*

This paper describes the use of the Analytic Hierarchy Process (AHP) and Preference Ranking Organization Method for Enrichment of Evaluation (PROMETHEE) method for predicting the risk in a storage tank. This is the first time AHP and PROMETHEE have been used as a hybrid model in this way.

PROMETHEE methods applied the following steps:
Findings
Conclusion

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.