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Research Paper | Decision Science | India | Volume 8 Issue 10, October 2019 | Rating: 6.7 / 10
Study on Implementation and Usage of Operations Research in Chilean Forestry Industry
Anushka Deepak Chitnis | Arpit Bhanushali | Aryan Mulchandani | Aviral Pachori | Deep Patel [4]
Abstract: This paper's focus was to understand the usage of various OR techniques and its consequent impact on the Chilean forest industry production and efficiency. It explains the importance of Chilean forest industry to the world's supply of timber and timber products, the problems it has faced during the 2000s, such as inefficient transport system and lack of proper allocation of machinery and labor, the different OR techniques and models implemented to solve these as well as their impact by looking into the revenue growth of the country's forestry sector. We found that usage of OR techniques which have been explained in our findings, has contributed to an astounding double-digit growth rate of the industry. Alongside this, during the research, there was an observation made of other problems that persist in the Chilean forest industry ranging from law to biological sustainability, further helping in understanding the industry as well how effective OR models can be. The models used have been implemented for over a decade now, and hence a proper assessment and assertion of their impact could be done. Furthermore, since revenue growth has occurred once they had been implemented, it's logical to assume that they've had a correlation and have contributed to the same.
Keywords: ASICAM, OPTICORT, PLANEX, Chile, Forest Industry
Edition: Volume 8 Issue 10, October 2019,
Pages: 1686 - 1691