IDEAS home Printed from https://ideas.repec.org/a/baq/jetart/v4y2022i13p68-74.html
   My bibliography  Save this article

Implementation of the decision making along with analytic hierarchy process (AHP) approaches in the assessment of the petroleum products cost based on the statical model

Author

Listed:
  • Nada Salman Nikkeh

    (Middle Technical University)

  • Suhair Muafaq Abdulhussein

    (University of Baghdad)

  • Mohammed Ali Mohammed

    (Middle Technical University)

Abstract

In this study, the investigation of the decision-making strategy was used to select the alternative that was finally adopted in the crude oil refining process. This strategy was used to select the option that was ultimately implemented in the process. The Doura industrial refinery was the source of the information that was acquired for the analysis. The super decision software was applied in order to carry out an examination of the PDS components. After going through the process of refining, one can get the items on the following list: There are five main types of petroleum products, and they are: gasoline, gas oil, liquid gas, black oil, and white oil. Gasoline is the most common type of petroleum product. In order for the parameters to be optimally accommodated by the solution that is finally decided to be the most practical one, the analytic hierarchy process, also known as AHP, technique has been applied. This has been done in conjunction with the parameter determination system, or PDS. This has been done in order to reach the maximum potential level of productivity in the most efficient manner. As a result of the fact that this was the circumstance, a probe into the preliminary phase of the project was carried out, which in the end resulted in the expenditure of a grand total of 3969463 USD. This was determined by taking into account the costs of running the firm in addition to the prices of the raw materials that were utilized in the production process. In addition, the output of the refining process was not only dependent on the price and quantity of the product, but also on the amount of product that was actually sold. This meant that the cost and quantity of the product were not the only factors that determined the output. In order to determine what should be done during the process of making an estimate of what should be done in order to arrive at the response that was going to be the most advantageous taking everything into consideration, a mathematical model was applied as part of the process.

Suggested Citation

  • Nada Salman Nikkeh & Suhair Muafaq Abdulhussein & Mohammed Ali Mohammed, 2022. "Implementation of the decision making along with analytic hierarchy process (AHP) approaches in the assessment of the petroleum products cost based on the statical model," Eastern-European Journal of Enterprise Technologies, PC TECHNOLOGY CENTER, vol. 4(13(118)), pages 68-74, August.
  • Handle: RePEc:baq:jetart:v:4:y:2022:i:13:p:68-74
    DOI: 10.15587/1729-4061.2022.263192
    as

    Download full text from publisher

    File URL: https://journals.uran.ua/eejet/article/view/263192/260015
    Download Restriction: no

    File URL: https://libkey.io/10.15587/1729-4061.2022.263192?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:baq:jetart:v:4:y:2022:i:13:p:68-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Iryna Prudius (email available below). General contact details of provider: https://journals.uran.ua/eejet/issue/archive .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.