How can a mining company use mathematical optimization to identify which excavation locations to choose in order to maximize the gross margins of extracting ore? Try this modeling example to find out!
This model is example 14 from the fifth edition of Model Building in Mathematical Programming by H. Paul Williams on pages 269-270 and 324-325.
This example is at the intermediate level where we assume that you know Python and the Gurobi Python API and that you have some knowledge of building mathematical optimization models.
Click on the button below to access the example in Google Colab, which is a free, online Jupyter Notebook environment that allows you to write and execute Python code through your browser.
Check out the Colab Getting Started Guide for full details on how to use Colab Notebooks as well as create your own.
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