A System Dynamics Simulation Model of a Blast Furnace

Medha Ashtekar and Goutam Dutta

No WP1999-09-05, IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: In this paper, we present a simulation model of a blast furnace. In a blast furnace the quality and productivity of the output (hot metal) depends on a large number of input variables and operating variables. The complex interactions of technological and financial variables have been simulated with the system dynamics methodology. The model has been tested with the real data of one steel company in Southeast Asia.

Date: 1999-09-05
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp01625

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