DocumentCode :
3573168
Title :
A new framework for optimizing process economic performance
Author :
Qun Wu ; Dewei Li ; Yugen Xi
Author_Institution :
Dept. of Autom., Shanghai Jiao Tong Univ., Shanghai, China
fYear :
2014
Firstpage :
3665
Lastpage :
3670
Abstract :
In this work, we embed a coordinator to the conventional framework, where real-time optimization (RTO) is in conjunction with model predictive control (MPC) for industrial practice. The coordinator makes a better tradeoff between economy and feasibility. The objective function with both economic term and feasible requirement is employed, and the coordinator adjusts the weight of economic term gradually to find a new feasible point. The new one is more than a feasible target, and it can explore extra profit as well. It works well especially when the economic measurement is not convex. A numerical example illustrates the advantages of our framework.
Keywords :
industrial plants; optimisation; predictive control; real-time systems; economic measurement; economic term; feasible requirement; industrial practice; model predictive control; process economic performance; real-time optimization; Cost function; Economics; Inductors; Predictive models; Real-time systems; Steady-state; economic measurement; feasible target; model predictive control; real-time optimization;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Intelligent Control and Automation (WCICA), 2014 11th World Congress on
Type :
conf
DOI :
10.1109/WCICA.2014.7053326
Filename :
7053326
Link To Document :
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