MPEC problem formulations and solution strategies with chemical engineering applications

@article{Baumrucker2008MPECPF,
  title={MPEC problem formulations and solution strategies with chemical engineering applications},
  author={B. T. Baumrucker and J. G. Renfro and Lorenz T. Biegler},
  journal={Computers & Chemical Engineering},
  year={2008},
  volume={32},
  pages={2903-2913}
}
With the development and widespread use of large-scale nonlinear programming (NLP) tools for process optimization, there has been an associated application of NLP formulations with complementarity constraints in order to represent discrete decisions. Also known as mathematical programs with equilibrium constraints (MPECs), these formulations can be used to model certain classes of discrete events and can be more efficient than a mixed integer formulation. However, MPEC formulations and solution… CONTINUE READING
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