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    Author(s): George B. Harpole
    Date: 1971
    Source: Res. Note PSW-RN-242. Berkeley, CA: U.S. Department of Agriculture, Forest Service, Pacific Southwest Forest and Range Experiment Station. 4 p
    Publication Series: Research Note (RN)
    Station: Pacific Southwest Research Station
    PDF: Download Publication  (492 KB)

    Description

    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.

    Publication Notes

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    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

    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

    Keywords

    wood products marketing, revenue maximization, profit maximization, transportation models, linear progaming.

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