(104b) Considerations for Product Development Model Formulations in Constrained Optimization Problems
AIChE Spring Meeting and Global Congress on Process Safety
Tuesday, March 14, 2023 - 4:00pm to 4:30pm
In tandem with these statistical models, there are factors to consider that may not be captured in the model correlation structure, such as the importance of cost and quality, the introduction of new ingredients, and constraints on ingredient ratios, classes, and mixture properties. In order to explore solutions of this multifaceted problem, a projection onto latent structures (PLS) model is trained and embedded in a nonlinear constrained optimization problem.
This presentation will provide a walkthrough of the embedded optimization problem, how modeling decisions are considered in the formulation, and practical solution approaches.