Mark Lembersky

Past Awards

2002
INFORMS Elected Fellows: Awardee(s)


1985
Franz Edelman Award: Winner(s)
Winning material: Weyerhaeuser Decision Simulator Improves Timber Profits
Citation:

The VISION decision simulator was developed to implement dynamic-programming-based improvements in raw materials returns at Weyerhaeuser. Operational benefits to date exceed $100 million in increased profits. In addition, management philosophy has been changed, and, with the recent weakening in forest product markets, VISION benefits have increased in importance.

Access the winning project’s companion paper