Title :
Simulation of Circulation Economy in Coal Enterprise
Author :
Jing-chun, Sun ; Jun, Wang ; Min-zhu, Yang ; Tong-xing, Wu ; Lu-sheng, Song ; Ping-jun, Hu
Author_Institution :
Sch. of Manage., Xi´´an Jiaotong Univ.
Abstract :
Grounded on the theory of circulation economy, this article uses Monte Carlo method to simulate the profits of six industry chains in YM Group and the whole system they combine, in the background of coal enterprise economic system. These six industry chains include coal, power generation, alumina, coal chemical, gangue brick, and cement. By Monte Carlo analysis of circulation economy in YM Group, it can be concluded that circulation economy could improve both economic performance and ecological environment
Keywords :
Monte Carlo methods; coal; econometrics; industrial economics; mining industry; simulation; supply chains; Monte Carlo method; YM Group; alumina; cement; circulation economy theory; coal chemical; coal enterprise economic system; gangue brick; industry chain profit simulation; power generation; Cement industry; Chemical industry; Environmental economics; Industrial economics; Metals industry; Monte Carlo methods; Performance analysis; Power generation; Power generation economics; Power system economics; Circulation economy; Cost-profit; Monte Carlo analysis;
Conference_Titel :
Management Science and Engineering, 2006. ICMSE '06. 2006 International Conference on
Conference_Location :
Lille
Print_ISBN :
7-5603-2355-3
DOI :
10.1109/ICMSE.2006.314072
