General Industry Term

MBO meaning in oil and gas

Definition

Multiperiod Blend Optimization

MBO means Multiperiod Blend Optimization. This is the name for Aspen Technology blend optimization program. MBO does a multi-period multi-blend economic recipe optimization over a time horizon. the tool is used to help…

This is the name for Aspen Technology blend optimization program. MBO does a multi-period multi-blend economic recipe optimization over a time horizon. the tool is used to help refineries decide what recipes to use for Gasoline, Distillate, and Feul Oil blends.

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