|Appears in Collections:||Management, Work and Organisation Conference Papers and Proceedings|
|Peer Review Status:||Refereed|
|Title:||A short-term production planning model for dimension stone quarries|
|Citation:||Bakhtavar E & Oraee K (2012) A short-term production planning model for dimension stone quarries In: 2012 SME Annual Meeting & Exhibit 2012 (SME 2012), Littleton, Colorado, USA: Society for Mining, Metallurgy & Exploration. SME Annual Meeting, 19.2.2012 - 22.2.2012, Seattle, WA, USA, pp. 241-243.|
|Conference Name:||SME Annual Meeting|
|Conference Location:||Seattle, WA, USA|
|Abstract:||In this paper, problem of short-term production planning for dimension stone quarries was mathematically modeled using a binary integer programming. The model includes an objective function, which was founded as the minimization of the costs due to the total cutting planes of the blocks. This objective may cause to maximization of the net present value (NPV) in dimension stone quarries. During the mathematical modeling the essential constraints are dimension stone quarry capacities and the market demand, block accessibility for the equipment and the reserve constraints. As a base, an optimal size and shape of extractable blocks should be first assigned according to the available extraction technique and the market demand, in order to create a geological block model. Then an economical block model is provided by assignment of a value of "one" for ore blocks and "zero2 for waste. Maximum profitability and minimum amount of the ore wastage can be gained using this plan and modeling.|
|Status:||Publisher version (final published refereed version)|
|Rights:||Publisher has been notified of the inclusion of this article in this repository.|
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