Journal article
Long-range timber supply planning for a vertically integrated paper mill
European journal of operational research, Vol.191(2), pp.557-570
12/01/2008
DOI: 10.1016/j.ejor.2007.08.033
Abstract
We consider a vertically integrated papermaking operation composed of an integrated pulp and paper mill with its regional supply network. Considering land procurement and harvest rotation as strategic decision variables, we construct a model to establish a long-range timber supply plan that minimizes the total discounted cost of meeting annual virgin wood fiber demand over an infinite horizon. Under appropriate assumptions on costs and storage, the land procurement and harvest rotation decisions are separable with harvest rotation being determined via a forest economics-type equation and land procurement being determined by a newsvendor-type equation. Published by Elsevier B.V.
Details
- Title: Subtitle
- Long-range timber supply planning for a vertically integrated paper mill
- Creators
- Philip C. Jones - University of IowaJeffrey W. Ohlmann - University of Iowa
- Resource Type
- Journal article
- Publication Details
- European journal of operational research, Vol.191(2), pp.557-570
- Publisher
- Elsevier
- DOI
- 10.1016/j.ejor.2007.08.033
- ISSN
- 0377-2217
- eISSN
- 1872-6860
- Number of pages
- 14
- Language
- English
- Date published
- 12/01/2008
- Academic Unit
- Business Analytics
- Record Identifier
- 9984380533402771
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