The use of optimization programs in the Canadian wood products sector Prpic, Ivan
The international wood products sector has historically been an extremely volatile and competitive which has forced companies to find ways to gain competitive advantages in order to succeed. The Canadian companies within the industry that have found the most international success are the ones who have been able to continually develop optimization programs to aid in reaching both their long- and short-goals. Applied optimization programs have been able to improve a company’s operations by minimizing costs, increasing efficiency, and increasing output. Optimization programs, if structured and constructed properly, can be applied a variety of ways into many of the operations occurring within the wood products industry. This report aims to provide a breakdown of optimization models, an analysis of how they incorporated into operations, and an overview of what kind of optimization programs are used in the wood products sector.
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