Better management of production incidents in mining using multistage stochastic optimization

Among the many sources of uncertainty in mining are production incidents: these can be strikes, environmental issues, accidents, or any kind of event that disrupts production. In this work, we present a strategic mine-planning model that takes into account these types of incidents, as well as random...

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Vydáno v:	Resources policy Ročník 63; s. 101404
Hlavní autoři:	Reus, Lorenzo, Pagnoncelli, Bernardo, Armstrong, Margaret
Médium:	Journal Article
Jazyk:	angličtina
Vydáno:	Kidlington Elsevier Ltd 01.10.2019 Elsevier Science Ltd
Témata:	Accidents Consumers Customers CVaR Decision making Decision trees Flexibility Julia language Mining Mining incidents Mining industry Optimal policy Optimization Prices Production Risk Risk analysis Risk-aversion Stochastic dual dynamic programming Stockpiling Strikes Uncertainty Optimal policy Risk-aversion L71 Mining incidents Stochastic dual dynamic programming CVaR D81 Julia language C61
ISSN:	0301-4207, 1873-7641
On-line přístup:	Získat plný text
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