A cost‐effective model for the gasoline blend optimization problem. Issue 9 (25th March 2016)
- Record Type:
- Journal Article
- Title:
- A cost‐effective model for the gasoline blend optimization problem. Issue 9 (25th March 2016)
- Main Title:
- A cost‐effective model for the gasoline blend optimization problem
- Authors:
- Cerdá, Jaime
Pautasso, Pedro C.
Cafaro, Diego C. - Abstract:
- Abstract : Gasoline blending is a critical process with a significant impact on the total revenues of oil refineries. It consists of mixing several feedstocks coming from various upstream processes and small amounts of additives to make different blends with some specified quality properties. The major goal is to minimize operating costs by optimizing blend recipes, while meeting product demands on time and quality specifications. This work introduces a novel continuous‐time mixed‐integer linear programming (MILP) formulation based on floating time slots to simultaneously optimize blend recipes and the scheduling of blending and distribution operations. The model can handle non‐identical blenders, multipurpose product tanks, sequence‐dependent changeover costs, limited amounts of gasoline components, and multi‐period scenarios. Because it features an integrality gap close to zero, the proposed MILP approach is able to find optimal solutions at much lower computational cost than previous contributions when applied to large gasoline blend problems. © 2016 American Institute of Chemical Engineers AIChE J, 62: 3002–3019, 2016
- Is Part Of:
- AIChE journal. Volume 62:Issue 9(2016)
- Journal:
- AIChE journal
- Issue:
- Volume 62:Issue 9(2016)
- Issue Display:
- Volume 62, Issue 9 (2016)
- Year:
- 2016
- Volume:
- 62
- Issue:
- 9
- Issue Sort Value:
- 2016-0062-0009-0000
- Page Start:
- 3002
- Page End:
- 3019
- Publication Date:
- 2016-03-25
- Subjects:
- gasoline recipe -- blending operations -- short‐term scheduling -- MILP approach -- property indices
Chemical engineering -- Periodicals
Génie chimique -- Périodiques
660.28 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1002/aic.15208 ↗
- Languages:
- English
- ISSNs:
- 0001-1541
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 0773.071200
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 1875.xml