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Methods and apparatus for operating production facilities

  • US 20040181298A1
  • Filed: 03/10/2003
  • Published: 09/16/2004
  • Est. Priority Date: 03/10/2003
  • Status: Active Grant
First Claim
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1. A method for operating a production system that includes a plurality of production facilities, said method comprising:

  • receiving, in real-time, for each facility, cost data for a first resource used by each respective facility to produce an output;

    receiving, in real-time, for each facility, cost data for a second resource used by each respective facility to produce the output;

    determining, in real-time, an automated incremental cost curve for the system based on a level of production of each facility and the received resource cost data; and

    determining a production output target for each production facility to achieve an optimum production system output based on the real-time incremental cost curves.

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