Article ID: | iaor1997153 |
Country: | United States |
Volume: | 41 |
Issue: | 10 |
Start Page Number: | 1654 |
End Page Number: | 1668 |
Publication Date: | Oct 1995 |
Journal: | Management Science |
Authors: | Granot Frieda, Gautier Antoine |
Keywords: | networks: flow, programming: parametric |
The authors formulate the Forest Management Problem as a Multicommodity Network Flow Problem with a convex cost function. They then show how to transfer the problem to an equivalent Single-Commodity Network Flow formulation in order to address several sensitivity analysis questions using results by Granot and Veinott. The answers can subsequently be used to help forest managers respond to changes in the environment such as fires or changes in market prices, without any additional computation. Furthermore, the characterization of the response the authors provide requires no prior knowledge of optimal management policies.