Variable Bedding, Planting, Harvesting and Transportation Costs Impact Optimal Economic Management Regimes
- 1 February 1991
- journal article
- research article
- Published by Oxford University Press (OUP) in Southern Journal of Applied Forestry
- Vol. 15 (1) , 38-43
- https://doi.org/10.1093/sjaf/15.1.38
Abstract
Stand management decisions should be based on economic considerations for profit-oriented organizations and individuals. Maximization of bare land value is an appropriate criterion to use for such decisions. It is argued that planting, bedding, harvesting, and transportation costs vary by stand density and should therefore be incorporated into the decision-making process as variable costs on industrial lands. It is shown that not allowing for such variable costs leads to less than optimal decisions concerning planting density and rotation age. South. J. Appl. For. 15(1):38-43.Keywords
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