| Article ID: | iaor19911197 |
| Country: | Netherlands |
| Volume: | 19 |
| Issue: | 1/3 |
| Start Page Number: | 189 |
| End Page Number: | 195 |
| Publication Date: | May 1990 |
| Journal: | Engineering Costs and Production Economics |
| Authors: | Hensvold Eilif . |
In the production of metallurgical coke for the steel industry, a mix of several coal blends is used. By mixing different coals it is possible to improve cost efficiency and quality. On the other hand, the use of different coals will increase inventory costs. The paper discusses this logistic problem and suggests a heuristic algorithm for minimizing the capital costs of coal inventory. Some results from an implementation are given.