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Using simulation to analyse the procurement of addictives for lubricants in the Oil Refinery of Porto, Portugal

Title
Using simulation to analyse the procurement of addictives for lubricants in the Oil Refinery of Porto, Portugal
Type
Article in International Conference Proceedings Book
Year
2005
Authors
Feliz Teixeira, JM
(Author)
Other
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Conference proceedings International
Pages: 341-347
3rd Industrial Simulation Conference 2005
Berlin, GERMANY, JUN 09-11, 2005
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Authenticus ID: P-000-5ZX
Abstract (EN): Data in this article results from a study of simulation about the procurement of addictives for lubricants in the Oil Refinery of Porto (Portugal). Here we describe the real case under study as well as the method we have chosen to board it by means of simulation, which finally leaded us to some interesting results regarding the choices on purchasing the addictives from the suppliers. Costs including transportation, holding and stockouts have been considered during the simulation as well as in the final conclusions, which let us recommend a more frequent reordering of materials at the lubricants plant. This we expect to result in the saving of around 0.3MEURO/year in global costs.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 7
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