Optimization under uncertainty is a challenging topic of practical importance in the Process Systems Engineering. Since the solution of an optimization problem generally exhibits high sensitivity to the parameter variations
the deterministic model which neglects the parametric uncertainties is not suitable for practical applications. This paper provides an overview of the key contributions and recent advances in the field of process optimization under uncertainty over the past ten years and discusses their advantages and limitations thoroughly. The discussion is focused on three specific research areas
namely robust optimization
stochastic programming and chance constrained programming
based on which a systematic analysis of their applications
developments and future directions are presented. It shows that the more recent trend has been to integrate different optimization methods to leverage their respective superiority and compensate for their drawbacks. Moreover
data-driven optimization
which combines mathematical programming methods and machine learning algorithms
has become an emerging and competitive tool to handle optimization problems in the presence of uncertainty based on massive historical data.
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