Evaluation of advanced industrial control projects: a framework for determining economic benefits

Citation
Ik. Craig et Rgd. Henning, Evaluation of advanced industrial control projects: a framework for determining economic benefits, CON ENG PR, 8(7), 2000, pp. 769-780
Citations number
24
Categorie Soggetti
AI Robotics and Automatic Control
Journal title
CONTROL ENGINEERING PRACTICE
ISSN journal
09670661 → ACNP
Volume
8
Issue
7
Year of publication
2000
Pages
769 - 780
Database
ISI
SICI code
0967-0661(200007)8:7<769:EOAICP>2.0.ZU;2-3
Abstract
A framework for the evaluation of advanced control projects is illustrated in this paper by way of a case study on level control in mineral notation. The approach taken is to investigate how improvements brought about by adva nced control can be measured to a required level of statistical significanc e, after the controller has been commissioned. Measured improvements are tr anslated into increases in cash flow that result from implementing an advan ced controller, which is then used for project evaluation. As an introducti on to the case study, a framework for establishing advanced controllers for industrial processes, which culminates in determining economic benefits, i s discussed. Ways of obtaining controller benefits through the reduction of downtime and product variations, are also described. The risk of implement ing an advanced control project is discussed together viith typical scenari os under which such projects are often undertaken. (C) 2000 Elsevier Scienc e Ltd. All rights reserved.