Abstract: A method and computer system for controlling an industrial process are disclosed. The industrial process has problems which adversely effect its performance. A personal computer is programmed with a database and a custom application. The database contains data describing the attributes and performance of the process to be controlled. The custom application calculates the financial value of each of the problems. The calculation of the financial value of each problem takes into account the impact of each problem on the process bottleneck. The financial values of the problems are used to prioritize the problems, allowing them to be remedied in accordance with their priority.
Type:
Grant
Filed:
February 20, 1998
Date of Patent:
November 7, 2000
Assignee:
Hagen Method (Pty) Ltd.
Inventors:
Anton Hans Van Der Vegt, Ian Chetwynd Thompson
Abstract: A method and computer system for controlling an industrial process are disclosed. The industrial process has problems which adversely effect its performance. A personal computer is programmed with a database and a custom application. The database contains data describing the attributes and performance of the process to be controlled. The custom application calculates the financial value of each of the problems. The calculation of the financial value of each problem takes into account market conditions which affect the amount of product which could be sold if made and the marginal profitability of the product and how much optimum process time each problem takes up. The financial values of the problems are used to prioritize the problems, allowing them to be remedied accordance with their priority.
Type:
Grant
Filed:
February 20, 1998
Date of Patent:
October 3, 2000
Assignee:
Hagen Method Pty. Ltd.
Inventors:
Anton Hans Van Der Vegt, Ian Chetwynd Thompson