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          Fig. 6.5 Example of a complex multiobjective function for global search or optimization.



          There are some cases (e.g., convex problems; see Fig. 6.2) where the local
          extrema found will in fact represent the global extrema; however, large-scale
          reservoir models with complex wells and facility networks usually render
          complex, multiobjective optimization problems. Fig. 6.5 illustrates an
          example of one such multiobjective cost function (such as the NPV of res-
          ervoir system).
             As indicated, it combines several stagnation points, false optima, and
          suboptimal (local) solutions, all markedly different from the global objec-
          tive, that is, maximized NPV. The complexity of multiobjective problems
          will drive engineers, as well as local optimization techniques, to stop the
          search once they have found a “plausible” solution. The global optimiza-
          tion (or search) on the other hand can identify multiple solutions to a
          range of engineering problems before reaching the global optimal solu-
          tion. Attempts have been made to use the multistart methods combined
          with local optimization to generate multiple solutions with some degree
          of global search (Basu et al., 2016) or to deploy advanced proxy-based
          methods like Hamiltonian Markov chain Monte Carlo (McMC)
          (Mohamed et al., 2010a; Goodwin, 2015; Goodwin et al., 2017), surro-
          gate reservoir models as smart proxies (Mohaghegh et al., 2015), and
          physics-based, data-driven models (Klie, 2015) to provide faster solutions
          to global optimization problems.
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