or in natural resources

Risk management for forestry planning under uncertainty in demand and prices.

  • Antonio Alonso-Ayuso
  • Laureano F. Escudero
  • Monique Guignard
  • Andres Weintraub
    • Categories Applications - OR and Management Sciences Tags , , , ,

    The forest-harvesting and road-construction planning problem basically consists of managing land designated for timber production and divided into harvest cells. For each time period in the given time horizon one must decide which cells to cut and what access roads to build in order to maximize expected net profit under a risk manageable scheme to … Read more

    An MILP approach to Multi-location, Multi-Period Equipment Selection for Surface Mining with Case Studies

  • Christina Burt
  • Louis Caccetta
  • Leon Fouche
  • Palitha Welgama
    • Categories Applications - OR and Management Sciences Tags , ,

    In the surface mining industry, the Equipment Selection Problem involves choosing an appropriate fleet of trucks and loaders such that the long-term mine plan can be satisfied. An important characteristic for multi-location (multi-location and multi-dumpsite) mines is that the underlying problem is a multi-commodity flow problem. The problem is therefore at least as difficult as … Read more