The Advantages And Limitations Of Computer-Based Modelling From A Decision Maker’s Viewpoint

In future years, decision makers in the coal industry will make more and more decisions based on information from computer-based models. Whilst the use of such techniques will provide many advantages for coal companies, particularly in terms of efficient utilisation of their human resources, it is equally important for the decision makers to have an awareness of the limitations inherent in each particular computer-based model being used to provide information for the decision making process. A recommended procedure for identifying such limitations - by analysing the 3 major elements of the model - is presented. The human aspects of increased use of computer-based techniques are emphasised throughout the paper.