A stochastic cut-off grade optimization model to incorporate uncertainty for improved project value

Cut-off Grade Optimization for Maximizing the Output Rate

In the open-pit mining, one of the first decisions that must be made in production planning stage, after completing the design of final pit limits, is determining of the processing plant cut-off grade. Since this grade has an essential effect on operations, choosing the optimum cut-off grade is of considerable importance. Different goals may be used for determining optimum cut-off grade. One of...

Project Scheduling: Improved Approach to Incorporate Uncertainty Usinc Bayesian Networks

project scheduling inevitably involves uncertainty. The basic inputs (i.e., time, cost, and resources for each activity) are not deterministic and are affected by various sources of uncertainty. Moreover, there is a causal relationship between these uncertainty sources and project parameters; this causality is not modeled in current state-of-the-art project planning techniques {such as simulati...

cut-off grade optimization for maximizing the output rate

in the open-pit mining, one of the first decisions that must be made in production planning stage, after completing the design of final pit limits, is determining of the processing plant cut-off grade. since this grade has an essential effect on operations, choosing the optimum cut-off grade is of considerable importance. different goals may be used for determining optimum cut-off grade. one of...

A Stochastic Optimization Model for Groundwater Management

A Stochastic Optimization Model for Groundwater Management