SD model being used to calculate mine profitability

SD model being used to calculate mine profitability

Category : News

Researchers in business at Lappeenranta University of Technology, LUT have developed a System Dynamics model  that supports investment decision-making by mining companies and helps optimise the guidance of production in mining investments. The model that has been built has already sparked interest among international mining companies.

http://phys.org/news/2015-05-profitability.html


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Siôn Cave

System Dynamics practitioner. Supported numerous organisations, including the Home Office, Ministry of Justice, Drug Action Teams, defence organizations, financial institutions and pharmaceutical companies.

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