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Third, any software being used in this industry must support the continual assessment of the mining operations' impact on the environment and community from a social standpoint. Fourth, the software must have support for maintenance schedules to keep complex and expensive mining equipment maintained and in good repair. Fifth, the design of the software needs to include support for long business cycles and the costs associated with exploration and initially creating a new operation (Hulten, Bjorkstrand, 2009).
Conclusion
Based on these business requirements, mining software needs to be able to deliver a shared repository of information about the entire mining operation that is real-time in terms of performance. Often mining operations span multiple...
For many of them, the need for having a very accurate measure of costs in real-time can often determine how quickly they will be able to grow and capitalize on ore prices. This real-time analysis is critical for those mining and exploration companies that are working in precious metal mining where the spot prices of ore can change the Return on investment (ROI) of projects very quickly. The use of real-time analytics is also critical for determining the mix of ore over time.
References
Hulten, P., & Bjorkstrand, H.. (2009). A Case Study of the Development of an E-service for the Swedish Mining Industry. Services Marketing Quarterly, 30(1), 18.
The process therefore accepts conflict and emotion are natural parts of the management process, but tries to leverage this conflict and emotion towards the achievement of the overall objective. The mining group process does have some interesting elements in terms of effectiveness. Everybody has seen the rambling meetings where issues simply are not resolved, making it difficult to move the process forward. In such situations, there is little doubt as
It is through these inscriptions that the significance of human torture and sacrifice could be detected in the Mayan Culture. One of the greatest rulers of this civilization was seen in the shape of Lord Pacal or Lord Pakal the Great, K'inich Janaab' Pakal (23 March 603-28 August 683). He took over the reins at the age of 12 on July 29th, 615 a.D., a mature age for the
Mining The process of extracting new information from existing information through the use of computer system is called Text Mining. Text mining retrieves data of available information and establishes the connection between the facts mentioned in that data. This is how, new information is developed. Since it is newly formed information, its validation is conducted through experimentation. The process of web search is often confused with that of text mining,
The heuristics that are considered are probabilistic machine learning approaches. Such an approach is the 'Alignment Conditional Random Fields' that is designed for a scoring sequence for undirected graphical models. (Bilenko; Mooney, 2005) There are demands for this type of software and there is a vast area of information analysis where text mining is beginning to get important. One field is in the analysis of literature and research reviews. Literary
Rock Mining Mining might have been the second earliest humankind activity after agriculture. The two endeavors were together the primary industries of the first civilizations. Little has changed in terms of the significance of these industries to humankind. From the ancient times to date, mining has played a significant role in human existence. Here the term mining refers to the extraction from the earth of any naturally occurring mineral substance for
Data Mining in Health Care Data mining has been used both intensively and extensively in many organizations.in the healthcare industry data mining is increasingly becoming popular if not essential. Data mining applications are beneficial to all parties that are involved in the healthcare industry including care providers, HealthCare organizations, patients, insurers and researchers (Kirby, Flick,.&Kerstingt, 2010). Benefits of using data mining in health care Care providers can make use of data analysis in