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

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

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...

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Bibliographic Details
Main Authors:	Woldetensay, Mesfin, Mhadazir, S., Lee, M.
Format:	Journal Article
Published:	Elsevier Ireland Ltd. 2013
Subjects:	Uncertainty HYSYS Profit GAMS Optimization
Online Access:	http://hdl.handle.net/20.500.11937/39706

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