Harvest Scheduling as a Timber Appraisal Tool
No hay miniatura disponible
Fecha
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
Appraisers often value a forest that
contains many different timber
stands that can vary due to factors
such as age, stocking, species, and
site index. Many assumptions are
possible on how the various stands
will be harvested and what
subsequent cash flows might be
generated. We describe harvest
scheduling methodology that is
widely used to obtain the net
present value of such a forest under
optimal conditions. We illustrate
how a popular software package can
be used by appraisers to obtain
optimal discounted cash flows using
harvest scheduling and resulting
timber stand values.
Christopher