PERFORMANCE-BASED METHOD FOR OBTAINING SAVINGS IN AN INDUSTRIAL PROCESS

摘要

A method for obtaining savings in an industrial process (Fig. 1) includes the steps of establishing a performance-based contract between the owner of the industrial process and a contractor (Fig. 1); deriving with a computer a statistical mathematical model that describes a productivity-related parameter for the industrial process (Fig. 1); identifying a modification that will improve the productivity-related parameter (Fig. 1); and implementing the modification (Fig. 1).