Simulation modeling and analysis entails building an abstract computer model to simulate the behavior of any system, process, future situation or scenario. A computer simulation is an attempt to model a real-life or hypothetical situation on a computer so that it can be studied to see how the system works. By changing variables, predictions may be made about the behavior of the system.
These models are normally used to:
- Predict the impact of business strategy decisions before implementation.
- Determine the production capacity of a process and to identify bottlenecks.
- Optimize production schedules, infrastructure and mine designs.
- Evaluation of the future operational phase of a capital project in order to reduce the risk of the project.
This includes models of mining processes such as underground horizontal transport, ore extraction and development and shaft operations. Currently the Arena software is used for this purpose but it can include modelling with a spreadsheet application such as Excel.