THE GOAL PROGRAMMING MODEL FOR ANNUAL INVESTMENT DECISION OF INTEGRATED OIL COMPANY

摘要

The annual investment decision is very significant in the company's whole investment strategies, especially for the integrated oil companies. A feasible and optimal annual investment scheme plays a crucial role to direct the operation of the company. The index framework that utilizes to evaluate oil company's investment decision is analysed in this paper, and based on this framework, a goal programming model for the annual investment decision is presented, this model is suitable to the situation of China's petroleum and petrochemical corporations.