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Economic performance assessment of two ROM ore milling circuit controllers
Authors:Donghui Wei  Ian K. Craig
Affiliation:1. Faculty of Engineering of Bilbao, University of the Basque Country, Alameda de Urkijo s/n, 48013 Bilbao, Spain;2. Faculty of Technical Engineering of Bilbao, University of the Basque Country, Paseo Rafael Moreno “Pitxitxi” 3, 48013 Bilbao, Spain;1. ISSUL, Institute of Sport Sciences, Department of Physiology, Faculty of Biology and Medicine, University of Lausanne, Switzerland;2. Aspetar – Orthopaedic and Sports Medicine Hospital, Athlete Health and Performance Research Centre, Doha, Qatar;3. Laboratory of Human Motricity, Education Sport and Health (LAMHESS), University of Nice Sophia Antipolis, Nice, France
Abstract:Economic performance assessment of control systems is receiving increasing attention in both academia and industry. A relevant framework is proposed in Bauer and Craig (Bauer, M., Craig, I.K., 2008. Economic assessment of advanced process control – a survey and framework. Journal of Process Control 18 (1), 2–18) based on a comprehensive survey of the methods for economic analysis of advanced process control systems. The framework provides a formal procedure for the economic assessment of control systems. A practically motivated simulation study is used to cast the economic performance assessment of a nonlinear model predictive controller and three single-loop PID controllers for a run-of-mine milling circuit into this framework. Performance functions of the milling circuit, which dynamically relate the circuit process variables to monetary values, are developed based on a survey study on milling circuits and an in-depth literature study.
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