Procurement risk management in a petroleum refinery

2021 ◽  
Author(s):  
Fernando S. Oliveira
2012 ◽  
Vol 174-177 ◽  
pp. 3219-3222
Author(s):  
Hui Chen

Practical risk purchasing management method of engineering materials is put forward by using Monte Carlo Simulation. First, the calculation method of economic order quantity is put forward based on rising price. Second, appropriate insurance inventory is calculated when material requirements is variable.


2011 ◽  
Vol 13 (3) ◽  
pp. 147-180 ◽  
Author(s):  
Enrico Cagno ◽  
Guido J L Micheli

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