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- W2275473492 abstract "The techniques for economic assessment that are described in this chapter have each been found useful in particular industrial situations. Attention is concentrated on quantifying the benefits of control. The low cost of microprocessor boards does not, in general, mean that low-cost process control can be achieved, since sensors, cabling, displays, software and engineering effort all need to be taken into account. The performance of a process depends on its design, on operating practices and on the level of control that can be achieved. The three areas interact strongly in their effect on performance. An economic assessment of a process will often show that improvements are called for in all three areas (process design, operating practice, control system) if maximum benefit is to be obtained from a particular level of investment." @default.
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- W2275473492 date "1987-01-01" @default.
- W2275473492 modified "2023-09-23" @default.
- W2275473492 title "The economics of industrial control" @default.
- W2275473492 doi "https://doi.org/10.1049/pbce018e_ch2" @default.
- W2275473492 hasPublicationYear "1987" @default.
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