The Simultaneous Determination of Optimal Thinning Schedule and Rotation for an Even-Aged Forest
Abstract:A model to determine simultaneously the optimal thinning schedule and rotation is presented in two forms. If time is assumed to be continuous, the problem can be formulated in the calculus of variation form. In this form no closed form solution has been obtained. If the model is recast in dynamic programming form, a numeric solution can easily be obtained, without imposing any limitations on the form of the relevant revenue and cost functions. Thus the traditional Faustmann formula is generalized considerably. At the same time the close connection between the calculus of variations and dynamic programming is illustrated. Forest Sci. 17:333-339.
Document Type: Journal Article
Affiliations: Assoc. Professor of Forest Resources and Fisheries, Center for Quantitative Sciences, University of Washington, Seattle 98105
Publication date: September 1, 1971
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- Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
Forest Science is published bimonthly in February, April, June, August, October, and December.
2015 Impact Factor: 1.702
Ranking: 16 of 66 in forestry
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