A Product Mix Optimization Application at the Saudi ARAMCO Company, Sadara Chemicals

Katta G. Murty ()
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Katta G. Murty: University of Michigan

Chapter Chapter 5 in Models for Optimum Decision Making, 2020, pp 43-50 from Springer

Abstract: Abstract A crude oil producing country can either export the crude oil they produce directly, or set up oil refineries for refining the crude oil they produce and sell the products that this produces. In this chapter, from simple product mix examples, we show that the second alternative not only leads to much higher profits, but also provides excellent jobs for their countrymen.

Date: 2020
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DOI: 10.1007/978-3-030-40212-9_5

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