Optimization Modeling .pdf

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Original filename: Optimization Modeling.pdf
Author: Kevin Fingerman

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Power Plant Fuel Management
Part 1
Fuel
Coal 1
Coal 2
Coal 3

Fraction
Sulfur (ppm)
0.0579710128
1100
0.5507246362
3500
0.3913043509
1300

PM(kg/T)
1.7
3.2
2.4

Pounds of Steam
24000
36000
28000

W/out Scrubbers
Objective Cell
Variable Cells
Constraint Cells
W/Scrubbers

Constraints
Fraction
Sulfur (ppm)
PM(kg/T)

Used
1
2499.9999971
2.8

Max

Total Steam
32173.9130385132

1
2500
2.8

Objective Cell
Variable Cells
Constraint Cells

Part 2
Fuel
Coal 1
Coal 2
Coal 3

$ w/out scrubbers
$ w/scrubbers
Fraction
Sulfur (ppm)
PM(kg/T)

Fraction
Sulfur (ppm)
0
1100
0.8295454545
3500
0.1704545455
1300

PM(kg/T)
1.7
3.2
2.4

Pounds of Steam
24000
36000
28000

$/T
95
83
91

$
84.363636364
85.863636364
1
2500
2.4509090909

Total Steam
34636.3636363636
1
2500
2.8
Part 1 of this excel sheet uses optimization
modeling to find the ideal fractions of 3
different types of coal to maximize profit,
while staying in compliance with pollution
constraints.
Part 2 uses optimization modeling to
analyze whether or not it would be worth it
to invest in scrubbers that would reduce
pollutants by 20% for an extra $1.50 per ton
of coal. An analysis of the results determines
that it is cost effective to instal the
scrubbers.


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