Distillation columns are extensively deployed in the chemical process industries when there is a need for separation of components that have different boiling points. Typically, a mixture of ...

Model predictive control (MPC) has emerged as a pivotal strategy in the control of complex industrial, automotive and energy systems. By solving an optimisation problem over a finite horizon, MPC ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...