Using simulation to improve rail network efficiency
One of the world’s largest iron ore mining companies wanted to increase its production capacity by 30% over the next three years.
- GeoSym® determined the most problematic areas that were contributing most to the network’s inefficiency. The system demonstrated that adding a crossover in one of these areas improved rail capacity and increased annual revenue by up to $100 million.
- GeoSym® evaluated five potential locations for new signals and demonstrated that adding a signal at one particular location would further increase rail capacity and boost revenue by up to $100 million.
GeoSym® accomplished even more than open up the dramatic revenue streams cited above. It identified some areas where maintenance could become unsustainable, due to maintenance resource constraints or limited track access. Optym recommended where changes should be made in the network and at what capacity levels, so the client’s investments would yield optimal results.