One of the key components in the operation of chemical plants is the a
bility to operate over a range of conditions while satisfying performa
nce specifications. A method for determining the necessary open-loop b
ackoff from a steady-state nominal optimum is introduced to ensure tha
t disturbances cause no constraint violation. This approach consists o
f defining a joint optimization-flexibility problem that can be solved
within an optimization framework based on an iterative procedure. By
formulating the optimization problem in economic terms the backoff in
the objective function is a measurement of the open-loop economic pena
lty that is necessary to be paid to achieve feasible operation over th
e disturbance range of interest (considering the worst combination). A
rt upper bound on the economic potential available for closed-loop con
trol cart then be established prodding a valid reference for ranking d
ifferent control schemes. Three examples presented illustrate the appl
ication of this approach: (I) a simple linear example, (2) a system of
two CSTRs; and (3) an industrial distillation column.