Determining Product Portfolio of Petrochemical Plants Using Multi Objective Decision Making Tools (Case study: Jam Petrochemical Plant)

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Hejazi Bakhsh, Mahboubeh | 2011

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Type of Document: M.Sc. Thesis
Language: Farsi
Document No: 42014 (01)
University: Sharif University of Technology
Department: Industrial Engineering
Advisor(s): Akbari Jokar, Mohammad Reza
Abstract:
Decision making for planning a petrochemical plant is a difficult task, particularly when decisions are required to be made under constraints and different objectives. Final purpose of current research is to develop a reliable model for selecting limited petrochimal products among all potential alternatives under different constraints, considering two desired objective functions; Maximizing economic gain and minimizing safety risk. The powerful tool of multi objective decision making has been used for solving the proposed model. The developed model has been applied to Jam Petrochemical Company as a case study and the acquired results found to be successful.
Keywords:
Safety ; Multi Objective Programming ; Decision Making ; Petrochemical Industries ; Ethylene Cluster