Comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant

This paper addresses the comparison between two techniques for the optimization under parametric uncertainty of multiproduct batch plants integrating design and production planning decisions. This problem has been conceived as a two-stage stochastic mixed integer linear programming (MILP) in which t...

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Detalles Bibliográficos
Autores principales:	Durand, Guillermo, Moreno, M. Susana, Mele, Fernando D., Montagna, Jorge Marcelo, Bandoni, Alberto
Formato:	Objeto de conferencia
Lenguaje:	Inglés
Publicado:	2013
Materias:	Ciencias Informáticas Uncertainty Two-stage stochastic programming Simulation-based optimization
Acceso en línea:	http://sedici.unlp.edu.ar/handle/10915/94333
Aporte de:	SEDICI (UNLP) de Universidad Nacional de La Plata

id	I19-R120-10915-94333
record_format	dspace
institution	Universidad Nacional de La Plata
institution_str	I-19
repository_str	R-120
collection	SEDICI (UNLP)
language	Inglés
topic	Ciencias Informáticas Uncertainty Two-stage stochastic programming Simulation-based optimization
spellingShingle	Ciencias Informáticas Uncertainty Two-stage stochastic programming Simulation-based optimization Durand, Guillermo Moreno, M. Susana Mele, Fernando D. Montagna, Jorge Marcelo Bandoni, Alberto Comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant
topic_facet	Ciencias Informáticas Uncertainty Two-stage stochastic programming Simulation-based optimization
description	This paper addresses the comparison between two techniques for the optimization under parametric uncertainty of multiproduct batch plants integrating design and production planning decisions. This problem has been conceived as a two-stage stochastic mixed integer linear programming (MILP) in which the first-stage decisions consist of design variables that allow determining the batch plant structure, and the second-stage decisions consist of production planning continuous variables in a multiperiod context. The objective function maximizes the expected net present value. In the first solving approach, the problem has been tackled through mathematical programming considering a discrete set of scenarios. In the second solving approach, the multi-scenario MILP problem has been reformulated by adopting a simulation-based optimization scheme to accommodate the variables belonging to different management levels. Advantages and disadvantages of both approaches are demonstrated through a case study. Results allow concluding that a simulation-based optimization strategy may be a suitable technique to afford two-stage stochastic programming problems.
format	Objeto de conferencia Objeto de conferencia
author	Durand, Guillermo Moreno, M. Susana Mele, Fernando D. Montagna, Jorge Marcelo Bandoni, Alberto
author_facet	Durand, Guillermo Moreno, M. Susana Mele, Fernando D. Montagna, Jorge Marcelo Bandoni, Alberto
author_sort	Durand, Guillermo
title	Comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant
title_short	Comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant
title_full	Comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant
title_fullStr	Comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant
title_full_unstemmed	Comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant
title_sort	comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant
publishDate	2013
url	http://sedici.unlp.edu.ar/handle/10915/94333
work_keys_str_mv	AT durandguillermo comparingtheperformancesoftwotechniquesfortheoptimizationunderparametricuncertaintyofthesimultaneousdesignandplanningofamultiproductbatchplant AT morenomsusana comparingtheperformancesoftwotechniquesfortheoptimizationunderparametricuncertaintyofthesimultaneousdesignandplanningofamultiproductbatchplant AT melefernandod comparingtheperformancesoftwotechniquesfortheoptimizationunderparametricuncertaintyofthesimultaneousdesignandplanningofamultiproductbatchplant AT montagnajorgemarcelo comparingtheperformancesoftwotechniquesfortheoptimizationunderparametricuncertaintyofthesimultaneousdesignandplanningofamultiproductbatchplant AT bandonialberto comparingtheperformancesoftwotechniquesfortheoptimizationunderparametricuncertaintyofthesimultaneousdesignandplanningofamultiproductbatchplant
bdutipo_str	Repositorios
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Comparing the performances of two techniques for the optimization under parametric uncertainty of the simultaneous design and planning of a multiproduct batch plant

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