Based on data collected from seven commercial harvesting operations in Western Australia, the study developed a productivity model for chain flail delimber–debarker–chippers (CFDDCs) used in blue gum (Eucalyptus globulus Labill.) plantations. The tests covered 45 h and 3395 cycles, and were conducted using time-study techniques. Despite the observational character of the study and the dampening effect of multi-tree processing, the study yielded a viable prediction model for estimating CFDDC productivity as a function of mean tree size, tree form, bark–wood bond strength (BWBS), and machine type. Productivity increased with mean tree size on a logarithmic scale, and was lower for poorly formed trees and high BWBS. Under equal conditions, a separate delimber–debarker and a chipper were 10% to 20% less productive than the integrated delimber–debarker–chipper. Productivity estimates were consistent with those reported in published case studies of CFDDCs used in planted Eucalyptus. Neither this study nor any of the previous ones could offer a reliable estimate of long-term machine utilization, which would be an ideal subject for future research.