A Survey of Applications of Multi-Criteria Decision Analysis Methods in Mine Planning and Related Case Studies

- Organization:
- The Southern African Institute of Mining and Metallurgy
- Pages:
- 6
- File Size:
- 409 KB
- Publication Date:
- Jan 1, 2016
Abstract
"In an environment like the mining industry, which is characterized by different stakeholders with multiple objectives, multi-criteria decision analysis (MCDA) is a useful approach for optimal decision-making. The application of MCDA techniques in the mining industry has predominantly been in mine planning and related problems, although no comprehensive survey has previously been undertaken to establish the application trends. A survey of the use of MCDA techniques was therefore conducted using case studies from the literature. It was noted that often two or more methods are applied to the same problem in order to increase confidence in the solution derived. As the number of criteria and alternatives increases, some methods become inefficient. A combination of the analytic hierarchy process (AHP) method with other MCDA techniques was the most frequently used approach, indicating the efficiency of the AHP method, especially when evaluating problems with more criteria and fewer alternatives. A combination of fuzzy theory with AHP or other methods incorporates uncertainty. The findings from the survey will benefit users applying MCDA techniques to solve mine planning and related problems.IntroductionA country’s natural resources serve the needs of different groups of people within the country. These different groups are collectively known as stakeholders (Herath and Prato, 2006). Stakeholders have different needs, preferences, and expectations, which describe and define the criteria to be considered in decision-making. The options available as solutions describe the alternatives in decisionmaking theory. The criteria and alternatives have to be evaluated simultaneously when making decisions, and this is when multicriteria decision analysis (MCDA) techniques become invaluable (Herath and Prato, 2006) because the human mind is considered to be limited when solving complex and intangible problems with several criteria and alternatives (Saaty, 2007). MCDA techniques belong to a broad group of techniques called multi-criteria decision-making (MCDM) techniques. The other group of techniques within MCDM comprises the multi-objective decision-making (MODM) techniques. MODM techniques are generally used to solve problems with an infinite number of alternatives, while MCDA techniques are generally used to solve problems with a finite number of alternatives (Musingwini, 2010)."
Citation
APA:
(2016) A Survey of Applications of Multi-Criteria Decision Analysis Methods in Mine Planning and Related Case StudiesMLA: A Survey of Applications of Multi-Criteria Decision Analysis Methods in Mine Planning and Related Case Studies. The Southern African Institute of Mining and Metallurgy, 2016.