WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 12, 2015
Multicriteria Optimization of Interactions Between the Main and Service Subdivisions in Oil Companies
Authors: Michael Geraskin, Olga Mazurmovich
Abstract: Based on the analysis of integrated corporate structures of Russian oil industry and in view of multi-criteria modeling methodology the multi-objective optimization model of intra-corporate pricing of sectors in oil production, petroleum products refining and sales, as well as oil servicing sectors has been developed. Analysis of pricing mechanism optimization by corporation sectors in oil industry was developed and agreed in accordance with maximin principle structure of intra-corporate prices.