The manufacturing process of sintered components requires the compaction of powder in a rigid die and the sintering of the resulting green parts. To produce green parts of the same constant quality over a long period of time, regular quality checks and trajectory adjustments are needed to account for changing operating conditions due to e.g. varying temperature, humidity, stroke rate, or powder quality. Also the first setup of the machine requires manual measurements and iterative adjustments of trajectory key points. To overcome these labour-intensive, manual measurements and adjustments, we propose an algorithm for the automatic adaptation of trajectory key-points that for the first time allows bringing and keeping more than one quality characteristic (mass and dimensions) fully automatically within predefined intervals. To safe costs, we further present two real-time capable, model-based solutions by employing grey-box and black-box models for the online estimation of the workpiece mass and height instead of their direct measurement. The grey-box model combines a filling and analytical compaction model and allows estimating mass and height rather than density as typically investigated in literature. The black-box model based on neural networks represents a complete novelty in the field as no similar data-driven approach could be found that aims at estimating mass and dimensions of green compacts. We finally compare the performance of these models to the baseline of sensor measurements as well as study their effect on the overall control performance. Results indicate that for both sensor-based and model-based solutions it is possible to reach and keep aforementioned quality characteristics within desired intervals. While overall the sensor-based approach performed best, also for the model-based approaches a good estimation performance is observed with the black-box model based on neural networks outperforming the grey-box model. While the black-box approach is fully data-driven and thus allows to widely avoid manual modelling activities, it still requires the presence of expensive sensors for capturing training data. The proposed grey-box approach, on the other hand, requires some manual modelling and model calibration activities, but provides a cost-effective solution to the problem and represents an alternative to more expensive, sensor-based implementations.