Video length is 32:00

Optimizing Scheduling and Blending Operations in the Process Industries

Learn how to perform inventory blending optimization to maximize profit and consistently meet product demand to specifications. With Optimization Toolbox™, you can formulate your blending optimization problem to maximize refinery margins by reducing off-spec blend and quality giveaway in addition to satisfying any product demand and feedstock availability limits.

Watch how to create an inventory blending model using Optimization Toolbox and Live Editor in MATLAB®. The focus is on optimized production of gasoline, but the strategy is also applicable to other multiproduct processes having typical criteria of blending processes. You will also learn how to create an interactive professional app using the MATLAB App Designer without having to be a professional software developer. This way, you can share your work with non-MATLAB users.

Published: 7 Feb 2021