Risk assessment of decisions at designing of open pits
- 1 — Associate professor G.V. Plekhanov Saint Petersburg Mining University
- 2 — Research assistant G.V. Plekhanov Saint Petersburg Mining University
Abstract
The problem of accuracy and reliability of design decisions is a characteristic feature of the present stage in development of all material production spheres, including the mining industry. A whole range of unresolved problems still exists in enhancing reliability of open-pits designing. A lot of research publications are investigating interrelations of the accuracy and uncertainty categories with reference to specific conditions in order to solve practical problems. Scientific research in decision-making techniques in conditions of uncertainty and risk, in development of heuristic approaches, methods of stochastic modelling and programming are of utmost interest in terms of open-pit designing.