INTEC   05402
INSTITUTO DE DESARROLLO TECNOLOGICO PARA LA INDUSTRIA QUIMICA
Unidad Ejecutora - UE
artículos
Título:
Alternate approximation of concave cost functions for process design and supply chain optimization problems
Autor/es:
DIEGO C. CAFARO E IGNACIO E. GROSSMANN
Revista:
COMPUTERS AND CHEMICAL ENGINEERING
Editorial:
PERGAMON-ELSEVIER SCIENCE LTD
Referencias:
Año: 2014 vol. 60 p. 376 - 380
ISSN:
0098-1354
Resumen:
This short note presents an alternate approximation of concave cost functions used to reflect economies of scale in process design and supply chain optimization problems. To approximate the original concave function, we propose a logarithmic function that is exact and has bounded gradients at zero values in contrast to other approximation schemes. We illustrate the application and advantages of the proposed approximation.