No Detail Found!

Monte Carlo Simulation and Scenario Analysis Based Limestone Quarry Production Planning.

Author(s)
Kausar Sultan Shah Department of Mining Engineering, University of Engineering and Technology Peshawar,Pakistan
Safi Ur Rehman Department of Mining Engineering, University of Engineering and Technology Peshawar,Pakistan
Abstract
The key factor behind raw mix design in the cement factory is the appropriate production planning, resulting in high-quality raw material. Quarry managers usually come up with uncertainty-related raw materials due to variations in chemical composition. These uncertainties required efficient planning in terms of useful insight into this problem. This research provides a detailed explanation of scenario analysis of raw materials used in cement manufacturing using Monte Carlo simulation (MCS) and indices. Scenario analysis is used to predict the possibility of best, worst and most likely cases of raw material's quality. Whereas, Monte Carlo simulation is used to evaluate the inherent uncertainty associated with chemical composition values in order to analyze the impact of truly unpredictable scenarios. The predictive results help in decisions related to production planning, raw mix design optimization and increasing the probability of designing the best plan.
Publication Details
Page(s) 41-45
DOI DOI not available
Published Journal: International Journal of Economic and Environmental Geology, Volume: 12, Issue: 1, Year: 2021

Request the full text from PASTIC

Keywords
Monte Carlo simulation, scenario analysis, raw mix design, cement factory, production planning
0

Citations

0

Downloads

50

Views