Improving the decision-making process by considering supply uncertainty - a case study in the forest value chain

• Published in: International journal of production research Vol. 62; no. 3; pp. 665 - 684
• Main Authors: Simard, Vanessa, Rönnqvist, Mikael, LeBel, Luc, Lehoux, Nadia
• Format: Journal Article
• Language: English
• Published: London Taylor & Francis 01.02.2024; Taylor & Francis LLC
• Subjects: Accuracy; Case studies; Cost reduction; Decision making; forest value chain; Forestry; Frequency distribution; Normal distribution; Operating costs; Planning; production planning; Productivity; Quality assessment; sample average approximation; Statistical analysis; Stochastic programming; Supply chains; Supply uncertainty; Uncertainty; Value chain; Value engineering

Planning decisions are generally subject to some level of uncertainty. In forestry, data describing the resources available have a major impact on operations performance and productivity. This paper aims to present a method to improve decision-making in the forest supply chain by taking supply uncer...