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On the costs of parameter uncertainties. Effects of parameter uncertainties during optimization and design of experiments

✍ Scribed by José Carlos Pinto

Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
706 KB
Volume
53
Category
Article
ISSN
0009-2509

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✦ Synopsis

Mathematical models are of widespread usage for simulating process behavior, designing new processes and equipment and, in a more general sense, decision making. However, as model parameters are uncertain, due to model inaccuracies and experimental errors, all model results are subject to uncertainties. It is shown here that an economical value may be assigned to parameter uncertainties, which can then be used for both process optimization and specially for taking decisions during sequential experimental designs. (C) 1998 Elsevier Science Ltd. All rights reserved.

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