Journal of the Southern African Institute of Mining and Metallurgy
On-line version ISSN 2411-9717
Print version ISSN 0038-223X
DE CARVALHO JUNIOR, J.A; KOPPE, J.C and COSTA, J.F.C.L. A case study application of linear programming and simulation to mine planning. J. S. Afr. Inst. Min. Metall. [online]. 2012, vol.112, n.6, pp.477-484. ISSN 2411-9717.
This paper analyses the impact of the uncertainty associated with the input parameters in a mine planning optimization model. A real example was considered to aid in the building of a mathematical model that represents the coal production process with reference to the mining, processing, and marketing of coal. This model was optimized using the linear programming concept whereby the best solution was perturbed by the stochastic behaviuor of one of the main parameters involved in the production process. The analysis of the results obtained permitted an evaluation of the risk associated with the best solution due to the uncertainty in the input parameters.
Keywords : mine planning; optimization; risk analysis..