The major difficulty, associated with iron ore mining is the capacity planning problem, which arises from the fact that one can never know the total amount of ore, lying beneath the ground, with certainty. Geological predictions can give an estimate of that amount, but there is always a certain error in it. This project's goal is to model this error and determine how it affects mining companies financially.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Yedilbayev, Baimurat A.

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-033108-145452

Advisor

• Noonan, Francis

Year

• 2008

Date created

• 2008-03-31

Location

• Almaty

Resource type

• Major Qualifying Project

Major

• Industrial Engineering

Rights statement

• In Copyright