The model for the calculation of the dispersed iron ore resource purchase cost in the world class manufacturing (WCM) logistics pillar context

In the blast-furnace production, raw materials may account for approx. 50 % of the pig-iron manufacture costs. Therefore, any, even small, saving in the sphere of raw material purchasing will translate into the reduction in the cost of the pig-iron manufacture. The selection of appropriate supply so...

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Bibliographic Details
Main Author: M. Dudek
Format: Article
Language:English
Published: Croatian Metallurgical Society 2014-10-01
Series:Metalurgija
Subjects:
Online Access:http://hrcak.srce.hr/file/180669
Description
Summary:In the blast-furnace production, raw materials may account for approx. 50 % of the pig-iron manufacture costs. Therefore, any, even small, saving in the sphere of raw material purchasing will translate into the reduction in the cost of the pig-iron manufacture. The selection of appropriate supply sources and the associated raw material quality influencing the economic viability of the charge blend constitutes a multi-faceted optimization task. The paper presents a modified model for production cost estimation at the moment of making raw material purchasing, which is possible to be used in the logistics pillar of the WCM concept.
ISSN:0543-5846
1334-2576