Multivariate economic performance assessment of an MPC controlled electric arc furnace

Economic performance is very important to advanced process control projects investigating whether the investment of control technology is worthwhile. In this paper economic performance assessment of a simulated electric arc furnace is conducted. The dependence of controlled variables and the corresp...

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Bibliographic Details
Published in:	ISA transactions Vol. 46; no. 3; pp. 429 - 436
Main Authors:	Wei, Donghui, Craig, Ian K., Bauer, Margret
Format:	Journal Article
Language:	English
Published:	Kidlington Elsevier Ltd 01-06-2007 Elsevier
Subjects:	(Joint) performance function Applied sciences Computer science; control theory; systems Control theory. Systems Economic performance assessment Electric arc furnace Exact sciences and technology Model predictive control Process control. Computer integrated manufacturing Scatter plot Model predictive control (Joint) performance function Economic performance assessment Electric arc furnace Scatter plot Performance evaluation Economics Electric arc Process control Electric oven Arc furnace Economic impact Investment
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Summary:	Economic performance is very important to advanced process control projects investigating whether the investment of control technology is worthwhile. In this paper economic performance assessment of a simulated electric arc furnace is conducted. The dependence of controlled variables and the corresponding economic impact are highlighted.
Bibliography:	ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 23
ISSN:	0019-0578 1879-2022
DOI:	10.1016/j.isatra.2007.01.005