Desirable policies of a strategic petroleum reserve in coping with disruption risk: a Markov decision process approach

DOI10.1016/J.COR.2015.07.017zbMath1349.90586OpenAlexW1459069631MaRDI QIDQ342162

Mohammad Hasan, M. Dambrine

Publication date: 17 November 2016

Published in: Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.cor.2015.07.017

zbMATH Keywords

Markov processesOR in energyoil supply disruptionstrategic petroleum reserve (SPR)

Mathematics Subject Classification ID

Case-oriented studies in operations research (90B90) Markov and semi-Markov decision processes (90C40) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (1)

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Cites Work

• Modeling and optimization of a product-service system with additional service capacity and impatient customers
• Dynamic vehicle allocation control for automated material handling system in semiconductor manufacturing
• Developing a market-based approach to managing the US strategic petroleum reserve
• A Dynamic Nash Game Model of Oil Market Disruption and Strategic Stockpiling

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