Establishing Equitable Contract Rates for Timber Harvesting Using Deterministic Simulation
Deterministic simulation was used in a case study of a logging contractor working in south central British Columbia. A comparison of simulated and actual contract rates for five tracts showed substantial differences. Cashflow shortfalls and surpluses arising from the disparity between simulated costs and revenue generated from logging were appreciable. The findings suggest that deterministic simulation may provide a means for establishing equitable contract rates for harvesting individual tracts of timber. North. J. Appl. For. 10(1): 5-7.
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Document Type: Journal Article
Affiliations: Faculty of Forestry, University of British Columbia, Vancouver, BC, Canada
Publication date: 01 March 1993