FOPR 4 Module 1

Question 1

Critical Performance Areas

Answer 1

• Production
• Financial
• Safety
• Environment
• Quality
• People

Question 2

Operational CPA

Answer 2

1. Safety: accident prevention controls provide the work environment acceptable to workers.
2. Environment: In order to control environmental costs, operational planning must consider efficient ways to address environmental standards and expectations.
3. People: People are the most significant variable in achieving goals.

Question 3

Product CPA

Answer 3

Production: primary product of forest operataions is logs in m3. secondary products also contribute.

Financial: include all revenue and costs.

Quality: quality of the product affects the value, but also bears a cost.

Question 4

Physical Plan organization

Answer 4

The total production will be the main denominator for cost evaluation and comparisons (giving $/m3) and will be used throughout the term of the plan.

Question 5

Financial Plan organizaion

Answer 5

Capital: sourced from investment in company, retained earning, loands. used to purchase assets over a duration of severl years.

Operating Expenses: expenses needed to utilize the assets to produce the product.

Question 6

Operational Plan purpose

Answer 6

Optimize the utilization of resources, provide financial direction to maximize profit, establish control to meet production commitments or offer contingencies, schedule production, equpiment and people.

Question 7

Other planning information needed

Answer 7

Harveste levels: AAC or Mill or customer requirements

Development: layout and approval status, location, species, cost profections

Working days avaliable