International Journal of Supply Chain Management
Vol 3, No 1 (2014): International Journal of Supply Chain Management (IJSCM)

A Process Driven Dynamic Model for Petroleum Product Demand in Transportation Sector of India

Uttiya Bhattacharyya (ITM University)
R S Dhalla (ITM Kharghar)

Article Info

Publish Date
30 Mar 2014

Abstract

This paper proposes a dynamic process to identify factors influencing the demand of transport fuel in India. Factors like inter-fuel substitution by CNG, environmental concerns, economic outlook and price sensitivity must be incorporated in the demand estimation model. Differential subsidy in India on diesel and petrol affects its demand and the choice of vehicle ownership. A self designed questionnaire is used to survey and identify the factors affecting the demand for petrol and diesel. Multiple regression models are formulated for demand estimation of petrol and diesel with principal factors. Models are validated with real time data.

Copyrights © 2014




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Journal Info
International Journal of Supply Chain Management
Website

Abbrev

IJSCM

Publisher

ExcelingTech

Subject

Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering Transportation

Description

International Journal of Supply Chain Management (IJSCM) is a peer-reviewed indexed journal, ISSN: 2050-7399 (Online), 2051-3771 (Print), that publishes original, high quality, supply chain management empirical research that will have a significant impact on SCM theory and practice. Manuscripts ...