A quantile-based scenario analysis approach to biomass supply chain optimization under uncertainty
- Univ. of British Columbia, Vancouver, BC (Canada). Dept. of Chemical and Biological Engineering
- Univ. of British Columbia, Vancouver, BC (Canada). Dept. of Chemical and Biological Engineering; Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States). Resource and Engineering Systems Group. Environmental Sciences Division
- Summerland Research and Development Centre, BC (Canada)
Supply chain optimization for biomass-based power plants is an important research area due to greater emphasis on renewable power energy sources. Biomass supply chain design and operational planning models are often formulated and studied using deterministic mathematical models. While these models are beneficial for making decisions, their applicability to real world problems may be limited because they do not capture all the complexities in the supply chain, including uncertainties in the parameters. This study develops a statistically robust quantile-based approach for stochastic optimization under uncertainty, which builds upon scenario analysis. We apply and evaluate the performance of our approach to address the problem of analyzing competing biomass supply chains subject to stochastic demand and supply. Finally, the proposed approach was found to outperform alternative methods in terms of computational efficiency and ability to meet the stochastic problem requirements.
- Research Organization:
- Oak Ridge National Laboratory (ORNL), Oak Ridge, TN (United States); Univ. of British Columbia, Vancouver, BC (Canada); Summerland Research and Development Centre, BC (Canada)
- Sponsoring Organization:
- USDOE; Natural Sciences and Engineering Research Council of Canada (NSERC); Networks of Centres of Excellence of Canada (NCE)
- Grant/Contract Number:
- AC05-00OR22725
- OSTI ID:
- 1338560
- Journal Information:
- Computers and Chemical Engineering, Vol. 97; ISSN 0098-1354
- Country of Publication:
- United States
- Language:
- English
Web of Science
An Overview of Current Models and Approaches to Biomass Supply Chain Design and Management
|
journal | June 2018 |
A Multilayer Model Predictive Control Methodology Applied to a Biomass Supply Chain Operational Level
|
journal | January 2017 |
Similar Records
Stochastic optimization of cellulosic biofuel supply chain incorporating feedstock yield uncertainty
Integrating biomass quality variability in stochastic supply chain modeling and optimization for large-scale biofuel production