PITA Fiscal Year 2015 Projects

Computational Methods for Enterprise-wide Optimization: Shale Gas Supply Chains and Demand-side Management for Electric Power

Lead University: Carnegie Mellon University
PI: Ignacio E. Grossmann, Chemical Engineering
Co-PI(s): Nikolaos Sahinidis, Chemical Engineering and Mark Daichendt, Chemical Engineering

The program on Enterprise-wide Optimization (EWO) at the Center for Advanced Process Decisionmaking (CAPD) is aimed at developing mathematical models for optimizing the supply, manufacturing and distribution operations in process industries to reduce costs and inventories with some of its recent focus being in the area of energy. The program currently involves eleven companies.