Minemax Scheduler 6.4.2 with Fixed Cost Modeling and Speed Improvements

Minemax News

Minemax Scheduler 6.4.2 with fixed cost modeling is now available to all maintained users. This new release enables the separation of fixed and variable costs for more accurate optimization and more complete financial reporting. Fixed costs can be used to represent General and Administrative (G&A), process, power and other fixed costs associated with labor or infrastructure.

 

Fixed costs are costs that are independent of the quantity mined or processed while variable costs are related to mining and processing levels. Minemax Scheduler has always had variable costs, but now with the introduction of fixed costs, Minemax Scheduler users can bring more detail to their financial modeling and reporting.

Our next release will introduce a special class of fixed costs designed to be used with Minemax Scheduler’s powerful alternative process modeling functionality.

6.4.2 also provides a number of levers to give faster solve times. One is an updated version of the underlying optimization engine that has given faster solve times across a large collection of benchmark datasets.

There is also an option to control the number of parallel threads to be used for a scenario. This means that a number of optimizations can run concurrently, resulting in faster total solve times for multiple projects.

Last but certainly not least is a new High Performance Computing (HPC) Edition for Minemax’s compute-hungry customers. Minemax Scheduler’s optimization engine takes advantage of multiple cores on CPUs to run optimizations in parallel, giving faster run times than on just a single core. We now have an extensive selection of high-end computer hardware on the market with many, many cores. With the HPC Edition, Minemax Scheduler can be licensed for a specified number of cores to run single optimizations faster and/or to run multiple optimization projects at the same time.

So regardless of your computing system, Minemax Scheduler 6.4.2 gives you the ability to optimize faster and bring more detail into your financials.

Author

Jim Butler

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