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Optimizing Cut-off Grade for Output Rate by luisparedes is a document available to read on EtoBox.
The document discusses optimizing the cut-off grade in open-pit mining to maximize output rate. An operations research model is developed with the objective of maximizing output rate (amount of product per year) and two constraints for mining and processing capacities. The model shows that the optimum cut-off grade is the balancing grade where mining and processing operate at maximum capacity. This maximizes the output rate, which is important for marketing and market share. A heuristic method is developed
- Author
- luisparedes
- Language
- EN