DBPapers
DOI: 10.5593/sgem2011/s10.110

MATHEMATICAL MODEL FOR THE DEVELOPMENT OF THE PROCESSES IN A MINING COMPANY

AUTHOR/S: F. BUSE, P. HODOR, G. F. BUSE
Monday 1 August 2011 by Libadmin2011

11th International Multidisciplinary Scientific GeoConference 2011, www.sgem.org, SGEM2011 Conference Proceedings/ ISSN 1314-2704, June 20-25, 2011, Vol. 2, 545-552 pp

ABSTRACT

The paper presents the factors affecting the performance of a mining company, identified and classified into two categories: internal and external factors. Further, the paper evaluates the external factors affecting the activity of a mining company, and identifies possible correlations between factors or group of factors and the performance indicators of the mining company. These correlations are validated in time by the evolution of the pair: external factor – indicator value, or are object of
simulations – in order to identify possible scenarios of external factors.
These simulations are aimed to upgrading the organizational processes so the resulted
processes to present an optimal behavior in the simulated situations.
Also, we need to note that this method to evaluate the influence of internal and external
factors on the entire quality and performance level from the company is done in fuzzy
logic.

Keywords: state variable, company re-engineering, competitive position, strategic orientation, performance

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