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System and method for dynamic multi-objective optimization of machine selection, integration and utilization

  • US 6,847,854 B2
  • Filed: 08/07/2002
  • Issued: 01/25/2005
  • Est. Priority Date: 08/10/2001
  • Status: Expired due to Term
First Claim
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1. A system that facilitates optimizing industrial business operations, comprising:

  • a component that receives data relating to diagnostics and prognostics of a subset of machines that are part of the industrial business operations;

    a component that receives data relating to at least two of the following business related concerns;

    inventory, processes, accounting, finance, manufacturing, and utilities;

    an optimization component that analyzes the machine data and the business concern data; and

    a regulating component that facilitates regulating the machines and business concerns based at least in part as a function of the analyzed data.

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