Description: Although numerous approaches exist for solving process network synthesis problems, most of them consider the cost as the only objective. Other indicators are usually built into the cost. Multi-objective optimization is less popular in this area of research, and is mostly related to heuristic approaches. The current work consists of literature review of multi-objective optimization in order to extend an existing branch and bound algorithm. The goal is modifying the algorithm to be able to consider multiple objective functions.
Supervisor: Ákos Orosz