Abstract
ABSTRACT Feng, X.; Wang, M.; Li, Y.; Gu, W., and Zhang, Y., 2015. Optimal throughput of crude oil terminals with options for infrastructure improvements. Crude oil is a major commodity transported through ports. Determining the optimal throughput level of crude oil terminals is crucial for efficient utilization of coastal resources and sustainable development of ports. This paper develops a simulation model for estimating the logistics costs associated with the unloading operations of oil tankers at a terminal using the simulation package Arena. The model parameters are estimated using real data collected from a major crude oil terminal in China. Simulation results unveil the optimal throughput level that minimizes the overall logistics cost per ton of crude oil unloaded for a given terminal. In addition, the simulation is modified to examine various combinations of infrastructure improvements: adding a berth, upgrading handling equipment, and dredging the navigation channel. Their impacts on the optimal ...
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
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.