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Concept
NAICS
The
North American Industry Classification System
(NAICS) is a
standardized classification system
used by businesses and governments in the United States, Canada, and Mexico to categorize and analyze
economic activities
. It facilitates the collection, analysis, and dissemination of
statistical data
related to the economy, ensuring
consistency and comparability
across
sectors and regions
.
Relevant Degrees
Economic Planning and Policy 40%
Business Administration 30%
Economic Theory and Concepts 20%
Management Sciences 10%
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Concept
Feedback Control
Feedback control
is a process used in systems to automatically adjust their output based on differences between the desired and
actual performance
. It is essential in maintaining
system stability
and achieving
desired performance
by continuously
monitoring and correcting deviations
through
feedback loops
.
Concept
Setpoint
A setpoint is a
target value
that an
automatic control system
, such as a thermostat, aims to maintain within a given process. It is crucial for
maintaining stability
and efficiency in systems by providing a
reference for feedback mechanisms
to
correct deviations
.
Concept
Process Variable
A
process variable
is a
quantifiable measure
that represents a
specific aspect of a process
, used to
monitor and control
the process's performance. It is crucial in ensuring that the process operates within
desired parameters
, impacting efficiency, quality, and safety.
Concept
Proportional Control
Proportional control
is a
feedback control strategy
where the
controller output
is proportional to the
error signal
, which is the difference between a
desired setpoint
and a
measured process variable
. It is widely used in
control systems
to
maintain stability
and
improve system response
, but it can lead to
steady-state error
if not combined with other
control actions
.
Concept
Integral Control
Integral control
is a fundamental component of
PID control systems
used to eliminate
steady-state error
by
integrating the error over time
and
adjusting the system's output
accordingly. It ensures that the
cumulative effect of past errors
is corrected, leading to improved accuracy and
stability in dynamic systems
.
Concept
Derivative Control
Derivative control
is a component of a
PID controller
used in
control systems
to predict
future errors
by considering the
rate of change of the error
, enhancing
system stability
and
response time
. It helps to
dampen oscillations
and improve the
transient response
, but
excessive derivative action
can lead to
noise amplification
and instability.
Concept
Error Signal
An
error signal
is a critical component in
control systems
and
neural networks
, representing the difference between a
desired target
and the
actual output
. It is used to
adjust parameters
to minimize this difference, thereby improving
system performance
or
learning accuracy
over time.
Concept
Control Loop
A
control loop
is a system designed to
maintain a desired output
by continuously comparing it with the
actual output
and
adjusting inputs
accordingly. It is fundamental in automation and
process control
, ensuring stability and accuracy in various engineering and
industrial applications
.
Concept
System Stability
System stability
refers to the
ability of a system
to
return to equilibrium
after a disturbance, ensuring
consistent and predictable performance
over time. It is crucial in
various fields
, such as engineering, economics, and ecology, where
maintaining balance
and
preventing system failure
are essential for
optimal functioning
.
Concept
Tuning Methods
Tuning methods
are
techniques used to optimize the parameters
of
machine learning models
to improve their performance on a
given dataset
. These methods can involve
adjusting hyperparameters
, selecting features, or using
algorithms like grid search
and
random search
to find the
best configuration
.
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