• DocumentCode
    271064
  • Title

    Economic evaluation of industrial processes with ontology

  • Author

    Lima, Raphaela G. F. ; Leitao, Gustavo ; Guedes, Luiz Affonso ; Bezerra, Vinícius ; Venleslau, Allan

  • Author_Institution
    Dept. of Autom. & Comput. Sci. - DCA, Rio Grande do Norte Fed. Univ., Natal, Brazil
  • fYear
    2014
  • fDate
    7-9 April 2014
  • Firstpage
    322
  • Lastpage
    327
  • Abstract
    This work presents an approach based on ontologies for the evaluation of the cost composition of an industrial process. Such analysis is of high importance as that is what will show if the project is economically viable or not. In the ontology, the physical aspects of the industrial processes and the characteristics of the existing Venture Profit method were modeled to carry out the economic analysis. The ontology described was also used to develop alarm management applications and is being improved to also cover reliability.
  • Keywords
    chemical engineering computing; ontologies (artificial intelligence); chemical engineering; cost composition evaluation; economic evaluation; industrial processes; ontology; venture profit method; Heating; Instruments; Monitoring; Ontologies; Process control; Reliability; Turbines; economic evaluation; industrial process; ontology;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Networking, Sensing and Control (ICNSC), 2014 IEEE 11th International Conference on
  • Conference_Location
    Miami, FL
  • Type

    conf

  • DOI
    10.1109/ICNSC.2014.6819646
  • Filename
    6819646