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Given a transformation between input and output values, described by a mathematical function, optimization deals with generating and selecting the best solution from some set of available alternatives, by systematically choosing input values from within an allowed set, computing the output of the function and recording the best output values found during the process.
Process optimization is the discipline of adjusting a process so as to make the best or most effective use of some specified set of parameters without violating some constraint. Common goals are minimizing cost and maximizing throughput and/or efficiency. Process optimization is one of the major quantitative tools in industrial decision making.
ROMeo [1] [2] Rigorous Online Modelling and Equation Based Optimization is an advanced online chemical process optimizer of SimSci, a brand of Aveva software [3] It is mainly used by process engineers in the chemical, petroleum and natural gas industries.
The optimization software will deliver input values in A, the software module realizing f will deliver the computed value f(x). In this manner, a clear separation of concerns is obtained: different optimization software modules can be easily tested on the same function f, or a given optimization software can be used for different functions f.
Optimization typically focuses on improving a system with respect to a specific quality metric rather than making it universally optimal. This often leads to trade-offs, where enhancing one metric may come at the expense of another. One popular example is space-time tradeoff, reducing a program’s execution time by increasing its memory ...
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Examples of these kinds of methods include tabu search and genetic algorithms. [4] Metamodels enable researchers to obtain reliable approximate model outputs without running expensive and time-consuming computer simulations. Therefore, the process of model optimization can take less computation time and cost. [8]
An approach to isolating optimization is the use of so-called post-pass optimizers (some commercial versions of which date back to mainframe software of the late 1970s). [18] These tools take the executable output by an optimizing compiler and optimize it even further.