Analysis of Advanced Process Control Technology and Economic Assessment Improvement
Advanced Process Control (APC) is considered for investment after the Distributed Control System (DCS) and Historian System of Industrial Automation and Control Systems (IACS) had been implemented. The benefits of APC application can be observed by economic assessment (EA), however the EA technique is still behind the development of APC technology. We review the literature on APC and EA and highlight the potential future development.
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