MINING IMPORTANT FORMULA
LSIT OF IMPORTANT MINING FORMULA
Severity Index formula
Severity Index can be calculated as= (50F+S)x100000/Man shifts worked
DUMPER CYCLE TIME , UTILIZATION FACTOR, AVAILABILITY FACTOR
Dozer Capacity
Match Factor = (Number of dumpers per shovel x shovel loading time for filling the dumper )/ Dumper cycle time
Where
S = Salvage Value
P = Initial Price
I = Depreciation
Y = Number of Years
Break even Stripping ratio = (Selling cost - Production cost)/ Cost of OB removal
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