What Does Real-Time Optimization (RTO) Mean?

Real-time optimization (RTO) is a category of closed-loop process control that aims at optimizing process performance in real time for systems.

Techopedia Explains Real-Time Optimization (RTO)

Real-time optimization depends on the optimization model, especially on the feedback it receives. RTO automatically detects errors, and can modify and eliminate both random and non-random errors. RTO can also perform analysis and monitoring of all systems involved.