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Mining Economics
Linear Programming
Optimising a linear objective over a polygon of constraints — the optimum always sits at a corner of the feasible region.
PART 1
Topic Breakdown & Traps
The Engineering Principle
Many mine-planning problems — blending, allocation, transport — maximise (or minimise) a linear objective subject to linear constraints. The feasible region is a convex polygon, and a fundamental result guarantees the optimum lies at one of its corner (vertex) points. The graphical method therefore reduces to finding the corners and evaluating the objective at each.
The Core Formula Matrix
Standard form: maximise subject to , .
Corner-point theorem: the optimum of over a bounded feasible region occurs at a vertex.
Method: find all corner points (constraint intersections), evaluate at each, pick the best.
Corner-point theorem: the optimum of over a bounded feasible region occurs at a vertex.
Method: find all corner points (constraint intersections), evaluate at each, pick the best.
The ‘IIT Traps’
- ⚠Optima are at vertices, not interior points. Don't test the centroid; test the corners.
- ⚠Include the axes' intercepts and constraint intersections — and discard any vertex that violates another constraint.
- ⚠Check feasibility of each candidate corner. A constraint intersection outside the region is not a valid vertex.
PART 2
Progressive 3-Tier Question Suite
Q1BASIC1 Mark · MCQ
For the objective , the value at the point is:
Q2MEDIUM2 Marks · NAT
Maximise subject to , , . The maximum value of is ______. (Round off to two decimal places.)
Q3HARD2 Marks · NAT
Maximise subject to , , . The maximum value of is ______. (Round off to two decimal places.)