Forestry Giant, JD Irving, Counting on Small Changes to Decision-making to Account for Big Gains to the Bottom-line - Articles
Forestry Giant, JD Irving, Counting on Small Changes to Decision-making to Account for Big Gains to the Bottom-line - Articles
Real-Life Optimization. This is a Linear Programming-Based Solution. From the article:
Specifically, the company is changing how (and when) it decides to allocate logs to manufacturing facilities, what products to produce and what markets to sell them in. "What we are talking about is optimizing the allocation of wood fibre with the aim of maximizing net cash flow from across all of our operations," explains Ian Taviss, JDI Management Forester, who is spearheading the program to change wood allocation decision-making within the organization.
Real-Life Optimization. This is a Linear Programming-Based Solution. From the article:
Specifically, the company is changing how (and when) it decides to allocate logs to manufacturing facilities, what products to produce and what markets to sell them in. "What we are talking about is optimizing the allocation of wood fibre with the aim of maximizing net cash flow from across all of our operations," explains Ian Taviss, JDI Management Forester, who is spearheading the program to change wood allocation decision-making within the organization.
posted by Roger Grinde at 7:01 AM
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