Viscoplasticity : from Theory to Application 15 – 18 October 2007 Monte
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Choosing the Optimum Underground Mine Layout with Regard to Metal Price Uncertainty Using Expected Utility Theory
Metal price is one of the most important parameters in the calculation of cut- off grade. The cut- off grade has the main role in determination of mine layout. Mine layout actuates mineable reserve, mine life and economic profitability. Not considering the uncertainty in metal prices can lead to a non-optimal layout. In this paper optimum underground mine layout is determined by expected utilit...
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Wind power generation is variable and uncertain. In the power systems with high penetration of wind power, determination of equivalent operating reserve is the main concern of systems operator. In this paper, a model is proposed to determine operating reserves in simultaneous market clearing of energy and reserve by stochastic programming based on scenarios generated via Monte Carlo simulation ...
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تاریخ انتشار 2007