Target Optimization Control—Automatic On-Line Control of a Process to Maximize Profits: A I I E Transactions: Vol 5, No 1

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Abstract

This paper characterizes and investigates a Target Optimization Control which responds to variations in process standard deviation. Procedures for estimating the process standard deviation are discussed, and optimal controls are derived for each of three representative profit functions.

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Target Optimization Control—Automatic On-Line Control of a Process to Maximize Profits

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