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The objective of this project is to use optimization to improve metallic yield (the percentage of raw material that ends up as usable product) in an ArcelorMittal Steel Rolling Plant. The metallic yield of the rolling operations depends upon the length of billets from which the final product is manufactured. Ideally, a single customer order would be filled using billets of precisely the length that would yield the minimum achievable amount of scrap. However, ideal yields for each order in a set of customer
orders cannot be aggregated to fulfill them at the ideal yield for the entire set of orders, as this conflicts with the objective of keeping the inventory at a minimum level. In other words, the optimal way of fulfilling a set of customer orders is a tradeoff between yield maximization and inventory minimization. This project will develop efficient and robust models and algorithms for optimal billet ordering…
Vince Thomson
Engineering
Manufacturing; Mining
McGill University
Accelerate
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