Optimum mine production rate based on price uncertainty.

dc.contributor.authorSouza, Felipe Ribeiro
dc.contributor.authorCâmara, Taís Renata
dc.contributor.authorTorres, Vidal Félix Navarro
dc.contributor.authorNader, Beck
dc.contributor.authorGalery, Roberto
dc.date.accessioned2022-09-21T19:31:54Z
dc.date.available2022-09-21T19:31:54Z
dc.date.issued2019pt_BR
dc.description.abstractThe production rate of a mining operation has an important effect on the opera- tional cycle and gross profit, which are often evaluated based on engineering practices. Assessment of the economic performance of mine operations in mining engineering is of great importance because an incorrect production rate can result in significant financial losses. The production rate is composed of two bases: the cost estimation and the price scenario. Bureau of Mines studies performed on American mines indicated that processing costs can be estimated through the production rate. This article pro- poses to connect the model presented by the Bureau of Mines and queuing theory to describe the operational costs, which are used to develop a production optimization methodology. The proposed cost composition describes a production system to verify the law of diminishing returns and the economy of scale. Between these regions of the production curve, the optimum point was determined with mathematical precision.pt_BR
dc.identifier.citationSOUZA, F. R. et al. Optimum mine production rate based on price uncertainty. REM - International Engineering Journal, Ouro Preto, v. 72, p. 625-634, out./dez. 2019. Disponível em: <https://www.scielo.br/j/remi/a/ssHFzDx7sgQMkDvtj34mkwy/?lang=en>. Acesso em: 29 abr. 2022.pt_BR
dc.identifier.doihttps://doi.org/10.1590/0370-44672018720093pt_BR
dc.identifier.issn2448-167X
dc.identifier.urihttp://www.repositorio.ufop.br/jspui/handle/123456789/15443
dc.language.isoen_USpt_BR
dc.rightsabertopt_BR
dc.rights.licenseAll content of the journal, except where identified, is licensed under a Creative Commons attribution-type BY. Fonte: o PDF do artigo.pt_BR
dc.subjectMarginal profitpt_BR
dc.subjectMine optimizationpt_BR
dc.subjectElasticitypt_BR
dc.subjectPrice simulationpt_BR
dc.titleOptimum mine production rate based on price uncertainty.pt_BR
dc.typeArtigo publicado em periodicopt_BR
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