Simulation analysis of marine terminal investments

摘要

A common problem in the oil industry is the optimization of terminal facilities to minimize delays in servicing incoming tankers. In Exxon Corporation, simulation has been successfully applied to marine terminal studies since the early nineteen sixties. The development of a general model in 1967 contributed to wider use of marine terminal simulation throughout the company. This paper discusses the marine terminal investment problem, the basic technical features of this model, and a typical application of the model.