Optimization of long-term mine production scheduling in open pit mines deals with the management of cash flows, typically in the order of hundreds of millions of dollars. Conventional mine scheduling utilizes optimiza...Optimization of long-term mine production scheduling in open pit mines deals with the management of cash flows, typically in the order of hundreds of millions of dollars. Conventional mine scheduling utilizes optimization methods that are not capable of accounting for inherent technical uncertainties such as uncertainty in the expected ore/metal supply from the underground, acknowledged to be the most critical factor. To integrate ore/metal uncertainty into the optimization of mine production scheduling a stochastic integer programming(SIP) formulation is tested at a copper deposit. The stochastic solution maximizes the economic value of a project and minimizes deviations from production targets in the presence of ore/metal uncertainty. Unlike the conventional approach, the SIP model accounts and manages risk in ore supply, leading to a mine production schedule with a 29% higher net present value than the schedule obtained from the conventional, industry-standard optimization approach, thus contributing to improving the management and sustainable utilization of mineral resources.展开更多
In this paper,an oil well production scheduling problem for the light load oil well during petroleum field exploitation was studied.The oil well production scheduling was to determine the turn on/off status and oil fl...In this paper,an oil well production scheduling problem for the light load oil well during petroleum field exploitation was studied.The oil well production scheduling was to determine the turn on/off status and oil flow rates of the wells in a given oil reservoir,subject to a number of constraints such as minimum up/down time limits and well grouping.The problem was formulated as a mixed integer nonlinear programming model that minimized the total production operating cost and start-up cost.Due to the NP-hardness of the problem,an improved particle swarm optimization(PSO) algorithm with a new velocity updating formula was developed to solve the problem approximately.Computational experiments on randomly generated instances were carried out to evaluate the performance of the model and the algorithm's effectiveness.Compared with the commercial solver CPLEX,the improved PSO can obtain high-quality schedules within a much shorter running time for all the instances.展开更多
基金funded from the National Science and Engineering Research Council of Canada,Collaborative R&D Grant CRDPJ 335696 with BHP Billiton and NSERC Discovery Grant 239019 to R. Dimitrakopoulos
文摘Optimization of long-term mine production scheduling in open pit mines deals with the management of cash flows, typically in the order of hundreds of millions of dollars. Conventional mine scheduling utilizes optimization methods that are not capable of accounting for inherent technical uncertainties such as uncertainty in the expected ore/metal supply from the underground, acknowledged to be the most critical factor. To integrate ore/metal uncertainty into the optimization of mine production scheduling a stochastic integer programming(SIP) formulation is tested at a copper deposit. The stochastic solution maximizes the economic value of a project and minimizes deviations from production targets in the presence of ore/metal uncertainty. Unlike the conventional approach, the SIP model accounts and manages risk in ore supply, leading to a mine production schedule with a 29% higher net present value than the schedule obtained from the conventional, industry-standard optimization approach, thus contributing to improving the management and sustainable utilization of mineral resources.
基金Supported by National High Technology Research and Development Program of China(2013AA040704)the Fund for the National Natural Science Foundation of China(61374203)
文摘In this paper,an oil well production scheduling problem for the light load oil well during petroleum field exploitation was studied.The oil well production scheduling was to determine the turn on/off status and oil flow rates of the wells in a given oil reservoir,subject to a number of constraints such as minimum up/down time limits and well grouping.The problem was formulated as a mixed integer nonlinear programming model that minimized the total production operating cost and start-up cost.Due to the NP-hardness of the problem,an improved particle swarm optimization(PSO) algorithm with a new velocity updating formula was developed to solve the problem approximately.Computational experiments on randomly generated instances were carried out to evaluate the performance of the model and the algorithm's effectiveness.Compared with the commercial solver CPLEX,the improved PSO can obtain high-quality schedules within a much shorter running time for all the instances.
