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A master environmental control and mine system design simulator for underground coal mining. Volume 8 - cost subsystem.
Ramani-RV; McClay-JA; Burgos-VT
Denver, CO: U.S. Department of the Interior, Bureau of Mines, OFR 84(8)-76, 1975 Feb; :1-262
This report, Volume 8 of the 11-volume report on the master design simulator (MDS), describes the cost subsystem. This subsystem provides for the projection of costs and investment of operations over time using data generated by the MDS subsystems and data libraries. This model incorporates a direct costing feature for use in conjunction with the MDS, and considers labor, capital, and operating costs. While the model is capable of independent use, the direct costing of supplies and other operating elements are sacrificed in the absence of the MDS. The model generates cost reports covering each shift of operation for each mining section. Optionally, cost summaries are generated for each day, each month, and each year of operation. Finally, a discounted cash flow analysis is performed to determine the selling price of the coal mines. The report includes detailed instructions for operating the model and a program listing.
Underground mining; Coal mining; Environment simulation; Production models; Cost engineering; Discounted cash flow; Computerized simulation; Computer programs; User needs; Computer applications; Cost modeling
CP; Final Contract Report
NTIS Accession No.
OFR 84(8)-76; Grant-Number-G0111808
Denver, CO: U.S. Department of the Interior, Bureau of Mines, OFR 84(8)-76
Pennsylvania State University
Page last reviewed: September 2, 2020
Content source: National Institute for Occupational Safety and Health Education and Information Division