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Conference paperKhor CS, Giarola S, Chachuat B, et al., 2011,
An optimization-based framework for process planning under uncertainty with risk management
, Pages: 449-450 -
Journal articleDal Mas M, Giarola S, Zamboni A, et al., 2010,
Capacity planning and financial optimization of the bioethanol supply chain under price uncertainty
, Computer Aided Chemical Engineering, Vol: 28, Pages: 97-102, ISSN: 1570-7946This work addresses the development of a dynamic spatially explicit MILP (Mixed Integer Linear Programming) modeling framework devised to optimize the design and planning of biomass-based fuel supply networks according to financial criteria and accounting for uncertainty on market conditions. The model capabilities in steering strategic decisions are assessed through a real-world case study related to the emerging corn-based bioethanol production system in Northern Italy. Two optimization criteria are considered, based on a risk-seeking or, alternatively, on a risk-adverse-approach. © 2010 Elsevier B.V.
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