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Research Note
Title: A simple technique to increase profits in wood products marketing
Author: Harpole, George B.
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
Station ID: RN-PSW-242
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.
Keywords: wood products marketing; revenue maximization; profit maximization; transportation models; linear progaming.
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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.