| Article ID: | iaor20011861 |
| Country: | Netherlands |
| Volume: | 95 |
| Issue: | 1 |
| Start Page Number: | 131 |
| End Page Number: | 158 |
| Publication Date: | Jul 2000 |
| Journal: | Annals of Operations Research |
| Authors: | Jofr Alejandro, Cea Christian |
In this paper a two-level model and optimization algorithms are introduced to assist forestry companies in simultaneously considering strategic investment and tactical planning decisions. A procedure to reduce the discrepancy produced in the aggregation and disaggregation process used to link these two-level decisions is also presented. This procedure is based on both cluster analysis over economic parameters defined on ‘the stand macro-units to be harvested’ and on the information transmitted bottom-up and top-down between the strategic and tactical models. We also show a new approach for solving the tactical mixed integer model.