Economic Settings: MAO Options An explanation of fields and properties

 

Economic Settings: MAO Options

To access this dialog:

• In the Optimization control bar, select Allocation & Flow | Update Economics...

MAO and MFO can either use economic settings directly or can use modified economic parameters saved as a part of MAO Settings.

The second option is required if you wish to vary prices and costs over time; also, it is useful any time you need to modify economics for MAO/MFO but leave the Economic Settings unchanged. For example, blended products defined as pseudo-processing methods make sense for MAO but not for the Economic Model.

Field Details:

Use Economic Model Settings\Use These Settings: go back to using Economic Settings. If you choose this option, click OK afterwards, as changes made on other dialog pages will not be saved. If you elect to Use These Settings, the price and cost time adjustments in the table on this tab will be used instead (see below).

Price and cost adjustments: define multipliers for prices and costs that can change over time. For example, a pit has 15.7 years life and the processing cost is decreased by 50% after the pit is mined out. There is no mining cost, just rehandling costs. This could be represented using the values below:

	Related Topics
	Economic Model MAO MFO