6th Annual International Conference on Industrial Engineering and Operations Management

Stochastic Dynamic Optimization of Engineering Processes

Muhamad Fariz Failaka
Publisher: IEOM Society International
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Track: Modeling and Simulation
Abstract

Dynamic optimization is often needed in engineering processes. The system under study is given by a set of differential equations subject to constraints represented by algebraic or differential equations. Generalized polynomial chaos dynamic optimization has the advantage of expanding spectrally both Gaussian and non-Gaussian processes using deterministic coefficients. This paves the way of transforming the stochastic differential equation to a system of differential equations with deterministic coefficients. Then, numerical discretization of the system is conducted using orthogonal collocation finite elements.

Published in: 6th Annual International Conference on Industrial Engineering and Operations Management, Kuala Lumpur, Malaysia

Publisher: IEOM Society International
Date of Conference: March 8-10, 2016

ISBN: 978-0-9855497-4-9
ISSN/E-ISSN: 2169-8767