Application of balance models in metallurgy

Abstract

In general, management is the planning and coordination of all processes and their elements in enterprises in order to achieve the objectives with the highest efficiency. The basic management tools, especially in companies with complex production processes with high inertia and long production time, include balance models. The paper points out the methodology, principles and importance of balance models in metallurgy and describes the methodology for material-energy, capacity and economic balance of this process.

Keywords

• management
• production process
• balance model
• metallurgy
• blast furnace