Sensitivity analysis and design optimization

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Author: Anne Disabato, Tim Hanrahan, Brian Merkle

Steward: David Chen, Fengqi You

Date Presented: February 23, 2014

Introduction

Design Optimization

Defining the Optimization Problem and Objective Function

Trade-Offs

Parametric Optimization

Sub-optimizations

Optimization of a Single Decision Variable

Search Methods

Unrestricted Search

Three-Point Interval Search

Golden-Section Search

Quasi-Newton Method

Optimization of Two or More Decision Variables

Optimization in Industrial Practice

Optimization in Process Design

Sensitivity Analysis

Parameters to Study

Statistical Methods of Risk Analysis

Contingency Costs

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