Weyerhaeuser Decision Simulator Improves Timber Profits

Mark R. Lembersky and Uli H. Chi
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Mark R. Lembersky: Weyerhaeuser Company, Tacoma, Washington 98477
Uli H. Chi: Weyerhaeuser Company, Tacoma, Washington 98477

Interfaces, 1986, vol. 16, issue 1, 6-15

Abstract: The VISION decision simulator was developed to implement dynamic-programming-based improvements in raw materials returns at Weyerhaeuser. Operational benefits to date exceed $100 million in increased profits. In addition, management philosophy has been changed, and, with the recent weakening in forest product markets, VISION benefits have increased in importance.

Keywords: decision analysis: systems; industries: lumber/wood (search for similar items in EconPapers)
Date: 1986
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