Optimization Of Dispatching Criteria For Open-Pit Truck Haulage System Design Using Multiple Comparisons With The Best And Common Random Numbers (49716460-0398-4e41-bf3c-d300203bdff4)

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 9
- File Size:
- 513 KB
- Publication Date:
- Jan 1, 1994
Abstract
This paper considers simulation of truck dispatching system designs using maximum expected production of the truck-shovel system as the measure of performance. Two methods are utilized, multiple comparisons with the best (MCB) and the combination of MCB and the variance reduction technique known as common random numbers (CRN). These two techniques are compared via simulation experiments. The results show that the combined procedure of MCB with CRN is the superior tool to reduce the total number of replications needed to ensure the specified probability of correct selection over the finite number of designing systems. In this case study, MCB with CRN reduces the variance by 29% and the number of required replications by 48%. Also, the MCB with CRN procedure narrowed the confidence interval by 18%.
Citation
APA:
(1994) Optimization Of Dispatching Criteria For Open-Pit Truck Haulage System Design Using Multiple Comparisons With The Best And Common Random Numbers (49716460-0398-4e41-bf3c-d300203bdff4)MLA: Optimization Of Dispatching Criteria For Open-Pit Truck Haulage System Design Using Multiple Comparisons With The Best And Common Random Numbers (49716460-0398-4e41-bf3c-d300203bdff4). Society for Mining, Metallurgy & Exploration, 1994.