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Process Control From An Economic Point of View-Chapter 3: Dynamic Adjustments and Quadratic Costs and Chapter 4: Summary and Future Research
When a process is such that there is appreciable delay in control action taking effect, minimal variance feedback control can require excessive adjustment. In this report it is supposed that the cost of making the adjustments ...
Process Control From An Economic Point of View-Chapter 1: Industrial Process Control
Some of the issues mentioned in technical Report #41 concerning the proper uses of Statistical Process Control and Automatic Process Control are discussed in greater detail in this report.
Process Control From An Economic Point of View-Chapter 2: Fixed Monitoring and Adjustment Costs
The problem of choosing a control scheme that minimizes the combined costs of monitoring, adjustment and being off-target is discussed. In addition to the various costs, the choice depends on the nature of the disturbance ...
Statistical Process Control and Automatic Process Control: A Discussion
The roles of Statistical Process Control for process monitoring and of Automatic Process Control for process regulation are considered and common misunderstandings discussed. Simple examples are used to show how the ...