2004. The Society of Naval Architects and Marine Engineers
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The cost and complexity of LNG infrastructure requires detailed evaluation for each project. Although component costs and capabilities are known, deterministic analysis does not assess the complex and inter-related nature of the LNG distribution system. To properly assess the impact of randomness on system parameters and performance, it is necessary to simulate the interaction of all components through a time domain analysis. A simulation program can handle these complex interactions and provide insight into performance and proper sizing of components, thereby minimizing capital expenditure and maximizing operational capability.
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