A Mathematical Framework for the Performance Assessment and Optimization of Industrial Plants
Year: 2025
Type: article
Abstract: In an increasingly competitive global market, the rigorous, quantitative assessment of industrial plant performance is paramount for ensuring profitability, sustainability, and operational excellence. This paper presents a comprehensive mathematical framework for this purpose, moving beyond simple Key Performance Indicators (KPIs) to an integrated system of analysis. We delineate the hierarchy of mathematical tools, from foundational statistics and calculus for descriptive metrics to advanced techniques including linear algebra for mass/energy balancing, non-linear programming for real-time optimization, and machine learning for predictive modeling and fault detection. A central thesis of this work is that a deep, mathematically-grounded understanding of process relationships is a prerequisite for meaningful optimization. A case study on Overall Equipment Effectiveness (OEE) calculation is presented to demonstrate the practical application of the framework. The paper concludes that the synergy of first-principles modeling and data-driven analytics represents the future of plant performance management, forming the core of the Industry 4.0 paradigm.
Author: Suresh Kumar Sahani
Language: English
Subfield: Control and Systems Engineering
Field: Engineering
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4415237681
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