A Computer Model For Equipment Selection Analysis

Truck/shovel systems are a major form of materials handling in open-pit mines in spite of the high associated capital and operating costs. Mine management is usually faced with a decision to purchase new equipment in order to support the steadily increasing on production. These decisions involve a high degree of uncertainty with respect to future demands and technical developments. This paper describes a computer simulation model for evaluating the optimum equipment fleet in an open-pit mining operation. The system is based on a stochastic simulation program which accounts for the various mining and economic parameters. It calculates the type of equipment and the optimal number of trucks needed to meet the production targets. Two types of selection criteria: maximum rate of production or minimum cost can be applied.