Profit optimization for chemical process plant based on a probabilistic approach by incorporating material flow uncertainties

• Main Authors: Getu, M., Mahadzir, S., Lee, M.
• Format: Article
• Published: 2013
• Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-84886386532&doi=10.1016%2fj.compchemeng.2013.05.026&partnerID=40&md5=28678c43cddab78117a5103b33670824; http://eprints.utp.edu.my/32485/

This paper reports how the economic performance of a chemical process plant is affected by material flow uncertainties from the plant inlet and outlet. Two chance-constrained optimization models were proposed. The models were tested using case studies of an existing gas processing plant. Profit opti...