PETROLEUM REFINERY OPERATIONS SCHEDULING. CHAPTER V. A GASOLINE BLENDING PROBLEM
Abstract
The selection of an optimal gasoline blending schedule is presented. Assuming fixed availabilities of raw blending materials and of fixed realizations upon finished products, the Union Oil Company's gasoline blending operations were formulated in terms of a constrainedmaximum problem. The outstanding result of the numerical analysis was that it would be worth several millions of dollars per annum if the company were able tto shift sales so as to sell additional quantities of premium grade gasoline.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1954
- Accession Number
- AD0604302
Entities
People
- Alan S. Manne
Organizations
- RAND Corporation