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Trade Off Studies – Value your Decisions

Decision making is often a complex series of processes which may result in a “less than optimal” business outcome. Whilst there are tools to support and rationalise the process such as Multi Criteria Decision Analysis, the real value can be realised and optimised using a Trade Off Study approach. The outcome is logical and auditable to inform the best decision for the business.

Some typical case studies that are often presented for the Underground Coal business are:

  • Purchase new mobile fleet or hire?
  • Longwall operates through geological structure or relocate around?
  • Single Continuous Miner or super panel?
  • Ventilation shafts or multiple gate roads?

If you have any specific requirements for your mining business please contact MEC.

Article by Senior Mining Consultant – Geoff Watson