Control improvement benefit estimation
This chapter addresses the separate subject, however closely linked to the CPA. Estimation of the potential improvement benefit due to the better control uses some of the knowledge about control quality. But, what is more important, it tries to foresee what improvements might be brought by better control. Apart from the classical the same limit methodology, which is based on the normality assumption, the fat-tail non-Gaussian extension is proposed and described. The comparison between the methods is presented and discussed.
|Book||Domański Paweł: Control Performance Assessment: Theoretical Analyses and Industrial Practice, 2020, Springer, ISBN 978-3-030-23592-5, 367 p., DOI:10.1007/978-3-030-23593-2|
|Score||= 20.0, 27-08-2020, MonographChapterAuthor|
|Publication indicators||= 0|
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