Description
As a result of the ever-growing competition between refineries and the advancement of technology, blend operations have evolved. This evolution has led to innovations in several strategies of blend technology. The main aim here is to increase the refining margins while keeping the physical properties of the blends unaffected. The approach of this topic towards blending involves the following types of linear/nonlinear blend models, a linear combination of raw blend quantities, indexed quantities, interactions with other blend quantities, and a recipe.
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