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Team Members
Team Awards
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.