Facts about the course
- ECTS Credits:
- 2.5
- Responsible department:
- Faculty of Logistics
- Course Leader:
- Berit Irene Helgheim
- Lecture Semester:
- Autumn
- Teaching language:
- English
- Duration:
- ½ year
LOG904-152 Oil, gas and renewable energy logistics problems with uncertainty (Autumn 2018)
About the course
The course will present the basic concepts of optimization under uncertainty (Stochastic Optimization, Robust optimization and Risk models) on simple logistics planning problems and their application to actual problems in the oil, gas and renewable energy logistics systems. Examples of these models are the oil & gas strategic planning problem, the biodiesel supply chain optimization, hydrogen fuel supply chain or the refinery production planning problem.
Topics covered: Stochastic Optimization; Robust Optimization; Mathematical Programming Modeling; Oil & Gas Supply Chain; Renewable Energy Logistics; Network Design
The course is connected to the following study programs
- Master of Science in Logistics
- Experience-based Master in Logistics
- Master of Science in Petroleum Logistics
- Exchange programme - Master's level
Recommended requirements
LOG716 ¿ Mathematical Modelling in Logistics
The student's learning outcomes after completing the course
Students will be able to choose the most appropriate stochastic optimization approach to solve logistics planning problems under uncertainty and also be able to develop simple stochastic models and to solve them using optimization software.
Forms of teaching and learning
Four mandatory modelling assignments and presentation of one paper on selected topics
Coursework requirements - conditions for taking the exam
- Mandatory coursework: Assignment(s)
- Courseworks given:
- Courseworks required:
- Presence: Not required
- Comment: Implementation of given modeling exercises in AMPL
Examination
- Form of assessment: Home assessment
- Proportion: 50%
- Duration: -
- Grouping: Group
- Grading scale: Letter (A - F)
- Support material: All printed and written supporting material
- Form of assessment: Home assessment
- Proportion: 50%
- Duration: -
- Grouping: Group
- Grading scale: Letter (A - F)
- Support material: All printed and written supporting material
Syllabus
A set of selected articles.