In this article, as in industry, advanced process control (APC) refers primarily to multi-variable control. Multivariable control means adjusting multiple single-loop controllers in unison, to meet ...
We investigate risk-averse stochastic optimization problems with a risk-shaping constraint in the form of a stochastic-order relation. Both univariate and multivariate orders are considered. We extend ...
Multivariable predictive control technology increased oil and gas production by 4% from BP PLC's Marlin tension leg platform (TLP) in the Gulf of Mexico. While multivariable control technology is ...