An iterative, decomposition-based algorithm is proposed
in this paper, for the solution of convex
parametric MINLP problems and, in extension, the identification of the
noninferior solution set
in multiobjective problems involving continuous and discrete
decisions. The parametric optimal
solution is constructed via an upper- and lower-bound procedure.
Parametric upper bounds
are identified with the solution of parametric NLP problems, while the
parametric lower bound
is updated in each iteration via the solution of a parametric MILP
Master problem, which involves
only the binary variables of the initial problem. Convergence
properties and computational
requirements are discussed in example problems from process synthesis
under uncertainty and
simultaneous product/process design.
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