Abstract
Recent advances in mathematical optimization have resulted in the development of superior techniques for solving realistic decision making problems. The technique called PARETO OPTIMAL SERIAL DYNAMIC PROGRAMMING is presented here as a tool for rational mine planning. This approach always enables the identification of a set of decision alternatives considered superior to the remaining feasible, usually numerous, decision alternatives, when a number of conflicting, noncommensurable, objectives are simultaneously optimized. It is further noted that the decision makers' truly preferred decision is always one of the members identified as the superior set.
Published Version
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