Abstract—Nowadays, electricity is the energy source that is
most conveniently and comfortably transferred to the consumer
since it can be wired directly from the energy source to the user.
It can be easily transformed into other energy types and kept in
reserve. Natural gas is the primary fuel produced in Thailand
due to its minimum cost and it’s also a sustainable alternative.
However, due to the annual shutdown of gas pipelines and
drilling sites are forced to use Fuel Oil (FO) and High-Speed
Diesel (HSD) instead of natural gas to produce electricity. This
paper is a study of the oil transportation systems of each
alternative, which consists of alternative I being the main oil
distribution center, alternative II being the main oil distribution
center and the old oil distribution centers A and B, and
alternative III being the new oil distribution centers C and D to
study the feasibility of the location selection for oil distribution
center during this shutdown period. According to the
simulation and economic analysis, the Net Present Value (NPV)
and Internal Rate of Return (IRR) of each alternative are
known, which will be taken into account at the meeting with
management. The result was found that alternative III should
be chosen because it can satisfy both the quantitative and
qualitative. Furthermore, we conducted the sensitivity analysis,
it was found that increased investment selections. On the other
hand, it will make investment selections.
Index Terms—Sustainable, simulation, economic analysis,
sensitivity analysis
A. Sanonok, C. Pornsing, N. Sangkhiew, and A. Jatephook are with the
Faculty of Engineering and Industrial Technology, Silpakorn University,
Bangkok, Thailand.
P. Patthamanawin was with the Faculty of Engineering and Industrial
Technology, Silpakorn University, Bangkok, Thailand.
C. Intawongse is with the Faculty of Industrial Technology, Muban Chom
Bueng Rajabhat University, Chom Bueng, Thailand.
P. Jomtong is with the Faculty of Health Sciences, Christian University,
Nakhon Pathom, Thailand.
*Correspondence: Sanonok_a@silpakorn.edu (A.S.)
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Cite: A. Sanonok, P. Patthamanawin, C. Pornsing, N. Sangkhiew, A. Jatephook, C. Intawongse, and P. Jomtong, "Feasibility Study of the Location Selection for Oil Distribution Center with Sensitivity Analysis Case Study: A Sample Oil Company," International Journal of Engineering and Technology vol. 15, no. 3, pp. 119-122, 2023.
