DocumentCode
239322
Title
Economic evaluation of logistics infrastructure in oil industry using simulation - jet fuel supply case study
Author
Costa, Rafael F. S. ; Fagundes, Raphael A. ; Freitas, Angelo A. M. ; Avila, Eduardo L.
Author_Institution
Centro Empresarial Senado, Petrobras S/A, Rio de Janeiro, Brazil
fYear
2014
fDate
7-10 Dec. 2014
Firstpage
1907
Lastpage
1918
Abstract
The main goal of this study was supporting economic evaluation by assessing which new projects will be necessary and when they should be operating in order to achieve the customer service level required under a scenario of fast growth in jet fuel demand at Guarulhos terminal. In order to achieve this objective, it was built a conceptual model, data were collected and computer based model was implemented. By comparing the system´s performance under different terminal configurations, it´s possible to choose the most economical solution that performs well in different scenarios. The analysis revealed that the current infrastructure allows achieving the customer service level required until 2018. In 2019, it will be necessary to provide a solution to increase the delivery flow rate by only spending a small fraction of the previously budgeted capital expenditure, while keeping system´s performance.
Keywords
industrial economics; investment; logistics; petroleum industry; Guarulhos terminal; capital expenditure; customer service level; economic evaluation; jet fuel supply; logistics infrastructure; oil industry; terminal configuration; Airports; Atmospheric modeling; Computational modeling; Data models; Fuels; Logistics; Pipelines;
fLanguage
English
Publisher
ieee
Conference_Titel
Simulation Conference (WSC), 2014 Winter
Conference_Location
Savanah, GA
Print_ISBN
978-1-4799-7484-9
Type
conf
DOI
10.1109/WSC.2014.7020038
Filename
7020038
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