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A Multi-Refinery, Multi-Period Modeling System for the Turkish Petroleum Refining Industry

Author

Listed:
  • John E. Buchanan

    (Stone and Webster Management Consultants, Inc., 330 Barker Cypress Road, Houston, Texas)

  • Susan C. Garven

    (Stone and Webster Management Consultants, Inc., 330 Barker Cypress Road, Houston, Texas)

  • Orhan Genis

    (TUPRAS General Management, Izmit, Turkey)

  • Jeremy F. Shapiro

    (Massachusetts Institute of Technology, Cambridge, Massachusetts 02139 and J. F. Shapiro Associates, Inc., Boston, Massachusetts 02116)

  • Vijay Singhal

    (J. F. Shapiro Associates, Inc.)

  • Jerry M. Thomas

    (Stone and Webster Management Consultants, Inc., 330 Barker Cypress Road, Houston, Texas)

  • Sevket Torpis

    (Stone and Webster Management Consultants, Inc., 330 Barker Cypress Road, Houston, Texas)

Abstract

As part of Turkey's efforts to position itself to join the European Economic Community before the end of the century, the Turkish Petroleum Refineries Corporation (TUPRAS) is seeking to upgrade the specifications of her domestically refined petroleum products to approach and ultimately match the specifications that will be in effect throughout Europe. TUPRAS also seeks to increase production of refined products to try to keep pace with increasing domestic demand. Significant capital investment over the next 15 years will be required to attain these goals. TUPRAS senior management commissioned us to develop mathematical programming models for studying their strategic investment options, to exercise the models in performing an extensive analysis of the options, and to transfer to TUPRAS a decision support system based on the models for continuing analysis. The system is used by TUPRAS to analyze capital investments worth tens of millions of dollars.

Suggested Citation

  • John E. Buchanan & Susan C. Garven & Orhan Genis & Jeremy F. Shapiro & Vijay Singhal & Jerry M. Thomas & Sevket Torpis, 1990. "A Multi-Refinery, Multi-Period Modeling System for the Turkish Petroleum Refining Industry," Interfaces, INFORMS, vol. 20(4), pages 48-60, August.
    • Handle: RePEc:inm:orinte:v:20:y:1990:i:4:p:48-60
    DOI: 10.1287/inte.20.4.48
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    Citations

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    Cited by:

    1. Michael Ye & John Zyren & Joanne Shore, 2003. "Elasticity of demand for relative petroleum inventory in the short run," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 31(1), pages 87-102, March.
    2. Draman, Murat & Kuban Altinel, I & Bajgoric, Nijaz & Tamer Unal, Ali & Birgoren, Burak, 2002. "A clone-based graphical modeler and mathematical model generator for optimal production planning in process industries," European Journal of Operational Research, Elsevier, vol. 137(3), pages 483-496, March.

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