Advances in Mathematical Programming Models for Enterprise-wide Optimization Originally delivered Apr 26, 2012 Source: CAST - Computing & Systems Technology Division Type: Archived WebinarLevel: Advanced Duration: 1 hour PDHs: 1.00 Share This Post: Preview Webinar: Enterprise-wide optimization (EWO) has become a major goal in the process industries due to the increasing pressures for remaining competitive in the global marketplace. EWO involves optimizing the operations of supply, manufacturing and distribution activities of a company to reduce costs, inventories and environmental impact, and to maximize profits and responsiveness. Major operational items include planning, scheduling, real-time optimization and control. We provide an overview of EWO in terms of a mathematical programming framework. We first provide a brief overview of mathematical programming techniques (mixed-integer linear and nonlinear optimization methods), as well as decomposition methods, stochastic programming and modeling systems. We then address some of the major issues involved in the modeling and solution of these problems. Based on the EWO program at the Center of Advanced Process Decision-making at Carnegie Mellon, we show the scope of these models by describing several applications that include optimal refinery planning, simultaneous planning and scheduling in multisite facilities for continuous multiproduct plants, optimization of industrial gas distribution systems, design and planning under uncertainty of offshore oil field infrastructures, and optimization of responsive supply chain design and planning with demand uncertainty. Finally, we close with a brief discussion of future directions of research in the EWO area. Presenter(s): Professor Ignacio E. Grossmann Professor Ignacio E. Grossmann is the R. R. Dean University Professor of Chemical Engineering at Carnegie Mellon University. He obtained his B.S. degree at the Universidad Iberoamericana, Mexico City, in 1974, and his M.S. and Ph.D. at Imperial College in 1975 and 1977, respectively. He is currently director of the 'Center for Advanced Process Decision-making,' an industrial consortium that involves 20 petroleum, chemical, engineering and software companies. He is a member of the National Academy of Engineering and his major awards include the 1994 Computing in Chemical Engineering...Read more Once the content has been viewed and you have attested to it, you will be able to download and print a certificate for PDH credits. If you have already viewed this content, please click here to login. Checkout Checkout Do you already own this? Log In for instructions on accessing this content. Pricing Individuals AIChE Member Credits 0.5 AIChE Members $69.00 AIChE Graduate Student Members Free AIChE Undergraduate Student Members Free Non-Members $99.00 Webinar content is available with the kind permission of the author(s) solely for the purpose of furthering AIChE’s mission to educate, inform and improve the practice of professional chemical engineering. All other uses are forbidden without the express consent of the author(s).