Sale of logs by competitive bidding using linear programming to maximise the return to the grower.

Authors: van Wyk, J. L.
Publication: New Zealand Journal of Forestry, Volume N.Z.J.For. 1984, Issue N.Z.J.For. 29(1) 1984, pp 66-77, May 1984
Publisher: New Zealand Institute of Forestry

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Abstract: A computer-assisted method for the sale of logs is described. This system uses linear programming to maximise the return to the grower while enabling the processors to specify the log qualities required. The optimal log allocation is achieved without sorting logs into more classes than can be economically justified.
The system offers benefits to both the growers and processors, but will only be viable under a specific set of conditions. The need for the system will become more apparent as the old crop radiata pine is cut out and more new crop logs become available for processing. The system also offers the potential for process productivity improvement.

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