Over the past decades, one engineering firm has been using discrete event simulation (DES) to study shipping and storage as an integral part of project execution throughout all phases of a process facility’s design, construction and operations.
Over the past decades, one engineering firm has been using discrete event simulation (DES) to study shipping and storage as an integral part of project execution throughout all phases of a process facility’s design, construction and operations. The simulation quantifies and visualizes the operations prior to actual project capital commitment, generating millions of dollars in savings for clients. A successful solution optimizes lifecycle costs by balancing the capacity for material movement and storage capacity against risks, unforeseen events and the overall project schedule, as discussed in Part 1, published in January.
Part 2 presents a four-step simulation-based methodology and shows a
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