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27 December 2019 Study on Logistics Cost Optimization of Offshore Oil Service Industry Based on Offshore Oil Service Cost Model
Haopeng Wang, Zhenzhi Zhao
Author Affiliations +
Abstract

Wang, H. and Zhao, Z., 2019. Study on logistics cost optimization of offshore oil service industry based on offshore oil service cost model. In: Li, L.; Wan, X.; and Huang, X. (eds.), Recent Developments in Practices and Research on Coastal Regions: Transportation, Environment and Economy. Journal of Coastal Research, Special Issue No. 98, pp. 171–174. Coconut Creek (Florida), ISSN 0749-0208.

The offshore oil service industry is an industry that provides professional services for offshore oil, including engineering services, facilities construction, and ship technical services. These services include exploration, development, and production of offshore oil and gas. Therefore, the offshore oil service industry occupies a large proportion of the logistics cost, which is mainly the monetary performance of various offshore operations and resources consumed in the space movement or time occupation of offshore engineering equipment. It is also the sum of manpower, material, and financial expenditure of marine engineering equipment in the process of physical movement, such as packaging, handling, handling, transportation, storage, circulation, and processing. According to the characteristics of the logistics system in the offshore oil service industry, this paper establishes an optimization model of logistics cost for the offshore oil service industry, which satisfies the requirements of order cycle regularity and logistics cost optimization. This paper calculates the solution of the model by case study. Through the optimization of logistics cost, this paper realizes the optimal allocation of resources and sustainable development.

©Coastal Education and Research Foundation, Inc. 2019
Haopeng Wang and Zhenzhi Zhao "Study on Logistics Cost Optimization of Offshore Oil Service Industry Based on Offshore Oil Service Cost Model," Journal of Coastal Research 98(sp1), 171-174, (27 December 2019). https://doi.org/10.2112/SI98-042.1
Received: 20 July 2019; Accepted: 5 September 2019; Published: 27 December 2019
KEYWORDS
ABC cost method
logistics cost optimization
Offshore oil service industry
System dynamics model
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