Description
Today, refineries can evaluate their performance by comparing it with other refineries using two different indices: automation effectiveness and operational efficiency. Moreover, the indices are worth estimating financial investment, which might be necessary for upgrading the existing automated/nonautomated blending system to a contemporary blending control system. This topic discusses performance measurement methodology, quantifying blending performance, the automation effectiveness index, the operational efficiency index, the minimum and maximum automation effectiveness index, the relative rank of automation areas, tank farm automation status, etc.
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