TY - GEN
T1 - Predictive Model Influenced by External Factors to Reduce Uncertainty in the Budget Forecast of a Gold Mining Company
AU - Pillpe-Garcia, Cesar
AU - Diaz-Huaina, Guillermo
AU - Raymundo, Carlos
N1 - Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.
PY - 2022
Y1 - 2022
N2 - In this research we propose to apply the qualitative evaluation technique by points to the factors that influence the price of gold. In addition, we will simulate the context of 2015, a year in which the price of gold reached historical lows, and at the same time, a period in which the analyzed company was going through a period of crisis when seeing that its valuation was affected by the devaluation of its reserves and growth of debts with suppliers. The research was carried out for the forecast of the price of gold, the general budget of the company, the budget in the mine operations area and the budget of the plant operations area, but for reasons of space in the development of the paper we will only show the development with the price of gold and the area of operations in the process plant.
AB - In this research we propose to apply the qualitative evaluation technique by points to the factors that influence the price of gold. In addition, we will simulate the context of 2015, a year in which the price of gold reached historical lows, and at the same time, a period in which the analyzed company was going through a period of crisis when seeing that its valuation was affected by the devaluation of its reserves and growth of debts with suppliers. The research was carried out for the forecast of the price of gold, the general budget of the company, the budget in the mine operations area and the budget of the plant operations area, but for reasons of space in the development of the paper we will only show the development with the price of gold and the area of operations in the process plant.
KW - Budgets
KW - Commodity prices
KW - Control
KW - Forecasts
KW - Trend lines
UR - https://www.scopus.com/pages/publications/85115625171
U2 - 10.1007/978-3-030-85540-6_114
DO - 10.1007/978-3-030-85540-6_114
M3 - Contribución a la conferencia
AN - SCOPUS:85115625171
SN - 9783030855390
T3 - Lecture Notes in Networks and Systems
SP - 899
EP - 906
BT - Human Interaction, Emerging Technologies and Future Systems V - Proceedings of the 5th International Virtual Conference on Human Interaction and Emerging Technologies, IHIET 2021 and the 6th IHIET
A2 - Ahram, Tareq
A2 - Taiar, Redha
PB - Springer Science and Business Media Deutschland GmbH
T2 - 5th International Virtual Conference on Human Interaction and Emerging Technologies, IHIET 2021 and 6th International Conference on Human Interaction and Emerging Technologies: Future Systems, IHIET-FS 2021
Y2 - 27 August 2021 through 29 August 2021
ER -