Robust stochastic mine production scheduling

dc.contributor.authorKumral, Mustafa
dc.date.accessioned2024-08-04T20:32:23Z
dc.date.available2024-08-04T20:32:23Z
dc.date.issued2010
dc.departmentİnönü Üniversitesien_US
dc.description.abstractThe production scheduling of open pit mines aims to determine the extraction sequence of blocks such that the net present value (NPV) of a mining project is maximized under capacity and access constraints. This sequencing has significant effect on the profitability of the mining venture. However, given that the values of coefficients in the optimization procedure are obtained in a medium of sparse data and unknown future events, implementations based on deterministic models may lead to destructive consequences to the company. In this article, a robust stochastic optimization (RSO) approach is used to deal with mine production scheduling in a manner such that the solution is insensitive to changes in input data. The approach seeks a trade off between optimality and feasibility. The model is demonstrated on a case study. The findings showed that the approach can be used in mine production scheduling problems efficiently.en_US
dc.identifier.doi10.1080/03052150903353336
dc.identifier.endpage579en_US
dc.identifier.issn0305-215X
dc.identifier.issue6en_US
dc.identifier.scopus2-s2.0-77952372000en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage567en_US
dc.identifier.urihttps://doi.org/10.1080/03052150903353336
dc.identifier.urihttps://hdl.handle.net/11616/95034
dc.identifier.volume42en_US
dc.identifier.wosWOS:000277620800004en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherTaylor & Francis Ltden_US
dc.relation.ispartofEngineering Optimizationen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectmine production schedulingen_US
dc.subjectrobust stochastic optimizationen_US
dc.subjectgrade and financial uncertaintiesen_US
dc.subjectopen pit miningen_US
dc.titleRobust stochastic mine production schedulingen_US
dc.typeArticleen_US

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