Title page for E-project-033108-145452

Project Type MQP

Submission date 2008-03-31

Author
Baimurat A. Yedilbayev, IE

URN E-project-033108-145452

Title Iron Ore Mining Risks

Advisor
Noonan, Francis, MG

Availability unrestricted

Abstract
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.

Files
Baimurat_Yedilbayev_MQP.pdf

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Project Type	MQP
Submission date	2008-03-31
Author	Baimurat A. Yedilbayev, IE
URN	E-project-033108-145452
Title	Iron Ore Mining Risks
Advisor	Noonan, Francis, MG
Availability	unrestricted
Abstract 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.
Files	Baimurat_Yedilbayev_MQP.pdf