SYSTEM AND METHOD FOR DETERMINING EQUIVALENCY FACTORS FOR USE IN COMPARATIVE PERFORMANCE ANALYSIS OF INDUSTRIAL FACILITIES

The present invention provides a system and method for determining equivalency factors for use in comparative performance analysis of industrial facilities by determining a target variable and a plurality of characteristics of the target variable. Each of the plurality of characteristics is ranked a...

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Bibliographic Details
Main Authors JONES, RICHARD, B, BROADFOOT, ROBERT, HILEMAN, MICHAEL, J
Format Patent
LanguageEnglish
French
Published 22.12.2005
Edition7
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Summary:The present invention provides a system and method for determining equivalency factors for use in comparative performance analysis of industrial facilities by determining a target variable and a plurality of characteristics of the target variable. Each of the plurality of characteristics is ranked according to value. Based on ranking value, the characteristics are divided into categories. Based on the sorted and ranked characteristics, a data collection classification system is developed. Data is collected according to the data collection classification system. The data is validated, and based on the data, an analysis model is developed. The analysis model then calculates the equivalency factors. L'invention concerne un système et un procédé permettant de déterminer des coefficients d'équivalence à utiliser en analyse de performance comparative d'installations industrielles, qui consistent à déterminer une variable cible et plusieurs de ses caractéristiques. Chacune de ces caractéristiques est classée selon sa valeur. En fonction de la valeur de classement, les caractéristiques sont réparties en catégories. Sur la base des caractéristiques triées et classées, on met au point un système de classification de collections de données, en fonction duquel les données sont recueillies et validées et sur la base desquelles on met au point un modèle d'analyse. Le modèle d'analyse calcule alors les coefficients d'équivalence.
Bibliography:Application Number: WO2004US25532