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Optimal crude oil procurement under fluctuating price in an oil refinery
9 references·2 citing·49 second hop
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this work references cited by second hop

References

  • 1985Evaluating Natural Resource Investments2,379 cited
  • 1997The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging2,116 cited
  • 1988Option Valuation of Claims on Real Assets: The Case of Offshore Petroleum Leases814 cited
  • 1999Applying Experimental Design and Regression Splines to High-Dimensional Continuous-State Stochastic Dynamic Programming149 cited
  • 2002An Algorithm for Constructing Orthogonal and Nearly-Orthogonal Arrays With Mixed Levels and Small Runs130 cited
  • 2000Planning logistics operations in the oil industry113 cited
  • 2010Risk Management in the Oil Supply Chain: A CVaR Approach108 cited
  • 2007Two-stage stochastic programming with fixed recourse via scenario planning with economic and operational risk management for petroleum refinery planning under uncertainty75 cited
  • 1990A History of Mathematical Programming in the Petroleum Industry68 cited

Cited by

  • 2021Data science and reinforcement learning for price forecasting and raw material procurement in petrochemical industry39 cited
  • 2016Oil price volatility: A real option valuation approach in an African oil field35 cited

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