Title
A branch-and-bound algorithm for solving a fixed charge problem in the profit optimization of sawn timber production
Abstract
This paper deals with the problem of profit optimization in sawn timber production, utilizing a special type of sawmill. Expected rejects and resetting costs are taken into consideration. The present problem is formulated as a fixed charge linear programming problem involving identical fixed charges, one equality constraint and explicit bounds on the variables. Based on the greedy sorting of the variables we develop a branch-and-bound algorithm working on a special subset of all solutions. Through usage of the problem structure for constructing bounds we arrive at an acceptable CPU-time (on a 80386 personal computer) for practical purposes.
Year
DOI
Venue
1991
10.1007/BF02331573
ZOR - Meth. & Mod. of OR
DocType
Volume
Issue
Journal
35
2
Citations 
PageRank 
References 
1
0.82
0
Authors
5
Name
Order
Citations
PageRank
J. Haberl110.82
Chr Nowak210.82
H. Stettner310.82
G. Stoiser410.82
H. Woschitz510.82