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1 Econometrics. Ekonometria. Advances in Applied Data Analytics

1 2015

1 Wołkowicz A.

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Modele ekonometryczne jako narzędzie sterowania procesami technologicznymi

100%

Wołkowicz A.

nr 2 (48)

67-77

This paper presents a proposal for process control applications based on econo-metric models. They are a tool which aim is to determine short-term forecasts, which are the basis to control the devices of production infrastructure. The article describes the application of the method of forecast errors corrective device in a real production process. Econometric models are presented: the exponential smoothing model and creeping trend adaptive model with harmonic scales. The calculations are used and the regression function is indicated by the linear programming problem. The method is presented on the example of classical tech-nological process used in the energy sector. The study indicates the possibility of another perspective on the control processes, not necessarily based on the existing methods of regu-lation. The idea of this study is to demonstrate the possibility of using econometrics in the industry.