Background
I have this simple biomass growth model: $$ \mu = \mu_{max}\cdot \left(\frac{S}{K_S+S}\right) \cdot \left(\frac{1}{1+S/K_{iS}}\right) \cdot \left(\frac{K_{iP}}{K_{iP}+P}\right) \\ \frac{dX}{dt} = \mu \cdot X \\ \frac{dS}{dt} = -1 \cdot ( \frac{\mu}{Y_{XS}} \cdot X + mS \cdot X) \\ \frac{dP}{dt} = a \cdot \frac{dX}{dt} + b \cdot X$$
Problem
I can fit the model on experimental data (see the Figure), but the values of $\mu_{max}$ or $K_S$ are often quite unrealistic. In this plot the $\mu_{max}$ is 3.9 and $K_S$ is 10.
Question
Since $\mu_{max}$ and $K_S$ are bounded in Monod-based $\mu$ expressions, is it possible to get real values of both of these particular parameters through parameter estimation techniques? Or one of these parameters should be obtained by other methods?