Senior Design Finalist

Optimized Truck Scheduling and Fuel Inventory Management for Energy Dispatch
Student Team

Rohan Aggarwal, Hailey Bae, Jacob Evans, Nathaniel Jones, Zubbia Saeed, and William Seo

Faculty Advisor
Dima Nazzal

Energy Dispatch, a dedicated fuel hauler for RaceTrac Petroleum, has been experiencing excessive transportation costs due to real-time fuel replenishment at the gas stations combined with manual truck scheduling of fuel deliveries. The team provided an optimization model to better schedule deliveries and assign trucks to gas stations, as well as a combination of a demand forecasting model and an inventory policy to manage store fuel inventory. By providing a user interface that integrates these models, annual transportation costs and inventory holding costs are drastically reduced to provide savings of an upwards of $5.8 million per year.

Spring 2015