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Method and system for performing model-based multi-objective asset optimization and decision-making

  • US 7,536,364 B2
  • Filed: 04/28/2005
  • Issued: 05/19/2009
  • Est. Priority Date: 04/28/2005
  • Status: Active Grant
First Claim
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1. A computerized method for performing multi-objective asset optimization and decision-making using predictive modeling, comprising:

  • building, via a process manager application executing on a processor, at least two predictive models for an asset, the asset comprising a physical machine that is communicatively coupled to the processor, the building comprising;

    categorizing operational historical data of the asset that is retrieved from a storage device, the operation historical data categorized by at least one of;

    controllable variables;

    uncontrollable variables;

    output objectives; and

    constraints;

    selecting at least two output objectives or constraints; and

    identifying at least one controllable or uncontrollable variable suitable for achieving the at least two output objectives or constraints;

    inputting, via the process manager application, the at least one controllable or uncontrollable variable to each of the at least two predictive models;

    validating, via the process manager application, each predictive model;

    if results of the validating indicate a confidence level above a specified threshold, applying, via the process manager application, a live data stream of inputs from the asset to the predictive models;

    if results of the validating indicate a confidence level at or below a specified threshold, selecting, via the process manager application, at least one alternative controllable or uncontrollable variable for input to the predictive models;

    performing, via the process manager application, multi-objective optimization using the predictive models, comprising;

    specifying search constraints, comprising;

    upper and lower bounds for each input variable; and

    tolerance levels representing a range of values for achieving optimal output objectives, and constraints;

    applying a multi-objective optimization algorithm; and

    generating a Pareto Frontier, the Pareto Frontier including optimal input-output vectors;

    using results of the multi-objective optimization, selecting, via the process manager application, from the Pareto Frontier, a Pareto optimal input-output vector for deployment to the asset, the selected Pareto optimal input-output vector specifying an optimal operational state for the asset; and

    re-configuring the asset, via the process manager application, using the Pareto optimal input-output vector to realize the optimal operational state.

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