Abstract: Various embodiments described herein relate to calculating asset capability using model predictive control and/or industrial process optimization. In this regard, an optimization request to optimize an industrial process that produces an industrial process product is received. In response to the optimization request, asset modeling data is obtained from one or more asset performance management systems for an asset associated with the industrial process. Also in response to the optimization request, one or more real-time operating limits for the industrial process are adjusted based at least in part on the asset modeling data obtained from the one or more asset performance management systems. Furthermore, a control signal configured based at least in part on the one or more real-time operating limits is transmitted to a controller configured for optimization associated with the industrial process that produces the industrial process product.