Downloads: 3 | Views: 53 | Weekly Hits: ⮙3 | Monthly Hits: ⮙3
Review Papers | Mathematics | India | Volume 14 Issue 5, May 2025 | Rating: 5.4 / 10
Advances in Mathematical Programming Techniques for Production Planning in the Petroleum Sector: A Comprehensive Review
Amit Ghosh, Dr. Manish Kumar Singh
Abstract: This review paper investigates the utilization of mathematical programming techniques in production planning, with a specific focus on their applications within the petroleum sector in India. The paper provides an overview of mathematical programming models, algorithms, and optimization methods commonly employed in production planning. It then examines the ways in which these techniques have been applied to address the unique challenges faced by the petroleum industry in India. The review emphasizes the significant contributions of mathematical programming in enhancing operational efficiency, cost optimization, and decision-making processes in the production planning of petroleum products. Finally, the paper identifies potential research directions and highlights the importance of continued advancements in this field for sustainable development in the petroleum sector.
Keywords: Mathematical programming, production planning, petroleum sector, optimization, India
Edition: Volume 14 Issue 5, May 2025,
Pages: 37 - 42