A simple technique to increase profits in wood products marketing

Abstract

Mathematical models can be used to solve quickly some simple day-to-day marketing problems. This note explains how a sawmill production manager, who has an essentially fixed-capacity mill, can solve several optimization problems by using pencil and paper, a forecast of market prices, and a simple algorithm. One such problem is to maximize profits in an operating period where total costs are insensitive to the rearrangement of production schedules.

Citation

Harpole, George B. 1971. A simple technique to increase profits in wood products marketing. Res. Note PSW-RN-242. Berkeley, CA: U.S. Department of Agriculture, Forest Service, Pacific Southwest Forest and Range Experiment Station. 4 p