{"title":"Simulation Analysis for Risk Assessment of Explosions in a Series of Fuel Tanks","authors":"M. Savsar","doi":"10.59287/icsis.611","DOIUrl":null,"url":null,"abstract":"This paper presents a risk assessment approach for the case of possible explosions in a series oftanks. Explosion occurs in a tank and spreads to the adjacent or neighboring tanks with certain probabilities.An excel simulation procedure is applied to a case problem with a series of three tanks and the level of risksinvolved is determined with possible monetary loss values. The simulation is a useful tool for riskassessment of such cases and can be applied to other related problem areas in industry.","PeriodicalId":178836,"journal":{"name":"International Conference on Scientific and Innovative Studies","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Conference on Scientific and Innovative Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.59287/icsis.611","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This paper presents a risk assessment approach for the case of possible explosions in a series oftanks. Explosion occurs in a tank and spreads to the adjacent or neighboring tanks with certain probabilities.An excel simulation procedure is applied to a case problem with a series of three tanks and the level of risksinvolved is determined with possible monetary loss values. The simulation is a useful tool for riskassessment of such cases and can be applied to other related problem areas in industry.
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