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Control Performance Assessment: Theoretical Analyses and Industrial Practice pp 125–137Cite as

Control Improvement Benefit Estimation

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Part of the book series: Studies in Systems, Decision and Control ((SSDC,volume 245))

Abstract

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.

The curious task of economics is to demonstrate to men how

little they really know about what they imagine they can design.

– Friedrich A. Hayek

In the midst of chaos, there is also opportunity.

– Sun Tzu

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Authors and Affiliations

  1. Institute of Control and Computation Engineering, Warsaw University of Technology, Warsaw, Poland

    Paweł D. Domański

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  1. Paweł D. Domański
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Correspondence to Paweł D. Domański .

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Domański, P.D. (2020). Control Improvement Benefit Estimation. In: Control Performance Assessment: Theoretical Analyses and Industrial Practice. Studies in Systems, Decision and Control, vol 245. Springer, Cham. https://doi.org/10.1007/978-3-030-23593-2_9

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