Feedstock Routing in the ExxonMobil Downstream Sector

Kevin C. Furman (), Jin-Hwa Song (), Gary R. Kocis (), Michael K. McDonald () and Philip H. Warrick ()
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Kevin C. Furman: ExxonMobil Research and Engineering, Annandale, New Jersey 08801
Jin-Hwa Song: ExxonMobil Research and Engineering, Annandale, New Jersey 08801
Gary R. Kocis: ExxonMobil Research and Engineering, Fairfax, Virginia 22037
Michael K. McDonald: ExxonMobil Refining and Supply Company, Fairfax, Virginia 22037
Philip H. Warrick: ExxonMobil Research and Engineering, Fairfax, Virginia 22037

Interfaces, 2011, vol. 41, issue 2, 149-163

Abstract: ExxonMobil annually transports significant volumes of vacuum gas oil (VGO) from supply points in Europe to refineries in the United States. Optimizing these transportation costs by using modern mathematical programming technology can provide significant cost savings. We developed a mixed-integer programming formulation for VGO routing and inventory management, and we integrated it into a decision support tool to enable experienced traders and schedulers to further improve the performance of ExxonMobil's downstream supply chain.

Keywords: inventory routing; maritime shipping; refinery feedstocks (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:41:y:2011:i:2:p:149-163

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