The analysis of the production costs and profit maximization in mining industry

The production inputs in mining industry consist of much more components than the ones in any other industries and their costs are higher than the ones in other industries. Due to this reason for many years mining industry possessed and operated by the Turkish State Establishments. To establish a new mining company was not interesting for private sector for many years because due to the high investments values and high production costs, requiring vey high capitals. But recently with growing new production technologies, the high demads to the minerals from the foreign markets and the high value added in this sector, encourage many foreign and domestic investors to plan big mining investments and consequently a fast growing sector started to happen. The former frightening production inputs and high costs are now becoming more easy and simple to cope with by using powerful and effective analysis techniques nowadays. ?THE PARETO ANALYSIS? explained in this thesis, is one of the effective analysis techniques mentioned above.