An orebody model constitutes a threedimensional accumulation of mining units (blocks). The available metal content in a mining unit and the economic parameters, such as metal price, mining cost, processing cost, marketing or selling cost, as well as the metallurgical recovery, are used to calculate the economic value of a particular mining block. A mining block with a positive value is classifi...

Extraction and determination of naproxen from human plasma were performed using Vortex-Assisted Inverted Dispersive Liquid-Liquid MicroExtraction (VA−IDLLME) and High-Performance Liquid Chromatography (HPLC). The parameters affecting extraction recovery such as type and volume of extraction and disperser solvents, pH of sample solution, stirring rate, extraction time and salt addition were ...

centralizing and using proper transportation facilities cut down costs and traffic. hub facilities concentrate on flows to cause economic advantage of scale and multimodal transportation helps use the advantage of another transporter. a distinctive feature of this paper is proposing a new mathematical formulation for a three-stage p-hub location routing problem with simultaneous pick-ups and de...

Standard economic models of groundwater management assume perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, and/or homogenous agents. In this article, we develop a model relaxing these assumptions. Although our model generalizes to an arbitrary number of cells, we are able to obtain key insights with a two-cell finite-horizon differentia...

Despite modeling groundwater as a common property resource, existing economic analyses find that the quantitative difference between competitive and socially optimal groundwater management outcomes is negligible. Thus, in contrast to the public perception of groundwater overextraction and resource depletion, there appears to be no economic rationale for groundwater management. In this paper, we...

This paper develops a regional hydrologic-ecologic-economic model of groundwater use and a nearshore ecosystem. Particularly, we model coastal groundwater management and its effects on discharge, nearshore water quality, and marine biota (e.g., indigenous marine algae). We show that incorporating the external effects on nearshore resources increases the optimal steady-state head level. Numerica...

In economic models where uncertainty is driven by a diffusion process, the smoothness of agents’ value functions and the existence of optimal strategies play a crucial role in the analysis. This paper shows, firstly, that the value function for the optimal control of any timehomogeneous, one-dimensional diffusion is twice continuously differentiable under Lipschitz, growth, and non-vanishing vo...