Mining business optimisation conference (SAIMM)

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So, finally! What is Optimisation?

Transcript of Mining business optimisation conference (SAIMM)

So, finally! What is Optimisation?

Is it maximize, minimize & balance orefficiency & effectiveness?

Is it scenarios & simulation or closing the gap between plan & actual?

Is it constraints analysis & sensitivity analysis?

Is it continuous improvement & business improvement?

Is it linear programming & search engine or heuristics & stochastic

Or is it simply picking the best option in the time available?

It’s all of the above!

Thank you for your time, drive home safely and go

optimize something!