The true essence of optimization

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Author: Lee Nichols
Date: June 2019
Publisher: Gulf Publishing Co.
Document Type: Editorial
Length: 589 words
Lexile Measure: 1320L

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What is the first thing that comes to mind when we hear the word optimization? Most people tend to think about their work processes and how they can change or adapt to increase efficiency. After all, the term optimization means to make the best or most effective use of a thing or situation. But what do we mean when we think of optimization on a more macro scale?

This issue of Hydrocarbon Processing revolves around the central theme of optimization. In the downstream processing industry, this equates to reviewing existing processes for improved yield, quality and efficiency. Optimizing crucial portions of your business can ultimately lead to more reliable, safer and more profitable operations. How can a company, or an industry, strive for and achieve such lofty goals?

This broad question can take a company down several different paths. For maintenance teams, optimization may mean increasing the...

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Gale Document Number: GALE|A602105719