“…To identify the maximum feasible change of the nominal value, the flexibility index problem needs to be formulated for different discrete values, that is, discrete points on the line illustrating the expected (maximum) change of the nominal value of θ 2 in Figure 4, and the resulting formulations can then be solved in an iterative scheme. To avoid such a time-consuming iterative scheme, we 34 have previously presented a reformulation of the original flexibility index problem (formulated by Swaney and Grossmann 19 ), which allows for considering uncertainty in the nominal value, and which yields the maximum feasible change of the nominal value such that all expected short-term operational disturbances are (exactly) feasible. The solution obtained when applying this reformulation to the flexibility index problem for the theoretical example is shown in Figure 4 and marked as the feasible maximum shift.…”