Summary: | The purpose of the production processes’ states simulation has two constituents. The first is to ensure the effective operation of technological facilities. The second is to improve the quality and competitiveness of the produced products. The proposed new scientific approach aims to develop the known statistical methods in the following direction. They are to be adopted for monitoring accuracy and stability of production processes: real-time processing of large amount of current data, large volumes of a priori information used for decision-making, adjusting the parameters of the monitoring system, critical technological conditions detection. It can prevent great economic damage or even catastrophic consequences.
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