Institutional Repository
Technical University of Crete
EN  |  EL

Search

Browse

My Space

Production scheduling of a lignite mine under quality and reserves uncertainty

Galetakis Michalis, Roumpos, Christos 1978-, Alevizos Georgios, Vamvouka Despoina

Simple record


URIhttp://purl.tuc.gr/dl/dias/0A96CA54-F571-4473-AE26-589C85D11A06-
Identifierhttp://www.sciencedirect.com/science/article/pii/S0951832011001694-
Identifierhttps://doi.org/10.1016/j.ress.2011.08.005-
Languageen-
Extent8 pagesen
TitleProduction scheduling of a lignite mine under quality and reserves uncertaintyen
CreatorGaletakis Michalisen
CreatorΓαλετακης Μιχαληςel
CreatorRoumpos, Christos 1978-en
CreatorAlevizos Georgiosen
CreatorΑλεβιζος Γεωργιοςel
CreatorVamvouka Despoinaen
CreatorΒαμβουκα Δεσποιναel
PublisherElsevieren
Content SummaryThe effect of uncertainty sources to the stochastic optimization of the combined project of a new surface lignite mine exploitation and power plant operation for electricity generation is investigated. Major sources of uncertainty that were considered are the reserves and the quality of the lignite. Since probability distribution functions for these uncertainties were estimated during the detailed exploration phase of the deposit, the overall goal is then to determine the optimal capacity of the power plant and consequently the optimal production rate of the mine over the time. The optimization objective that was selected is the maximization of the net present value of the project. Emphasis is placed on the sensitivity analysis for the investigation of the effect of quality and reserves uncertainty on project optimization, on the mathematical formulation of risk attitude strategy and on increasing the efficiency of the optimization process by creating a limited set of feasible solutions applying empirical rules. The developed methodology was applied for the determination of the optimal annual production rate of a new surface lignite mine in the area of Ptolemais–Amynteon in Northern Greece.en
Type of ItemPeer-Reviewed Journal Publicationen
Type of ItemΔημοσίευση σε Περιοδικό με Κριτέςel
Licensehttp://creativecommons.org/licenses/by/4.0/en
Date of Item2015-11-01-
Date of Publication2011-
SubjectCoalen
SubjectQualityen
SubjectReservesen
SubjectUncertaintyen
SubjectOptimizationen
SubjectProduction schedulingen
Bibliographic CitationM. Galetakis, C. Roumpos, G. Alevizos and D. Vamvouka, "Production scheduling of a lignite mine under quality and reserves uncertainty", Reliab. Eng. Syst. Safety, vol. 96, no. 12, pp. 1611-1618, Dec. 2011. doi:10.1016/j.ress.2011.08.005en

Services

Statistics