(21a) Harnessing Big Data for Smart Manufacturing: A Novel Optimization Framework
AIChE Spring Meeting and Global Congress on Process Safety
2016
2016 AIChE Spring Meeting and 12th Global Congress on Process Safety
2nd Big Data Analytics
Big Data Analytics Plenary II
Monday, April 11, 2016 - 1:30pm to 2:15pm
In this plenary talk, we will present and discuss optimization- and statistics-based frameworks for data-driven decision making which can identify the key components of an input high-dimensional dataset. The methodology can be applied to a variety of situations under the domain of smart manufacturing by modularly incorporating machine learning approaches, including those for nonlinear regression, classification, outlier detection, or clustering. Optimization models were formulated which cast the high-dimensional feature selection problem into implicit nonlinear feature space, resulting in minimum-maximum mixed-integer nonlinear optimization problems.. Extensive computational studies over numerous benchmark datasets show that new algorithms outperform existing state-of-the-art methods in the machine learning literature and show great promise for accurate, real-time decision making from Big Data in smart manufacturing operations.