Skip to main content

Checking Our Foundations: Matthews' Least Cost Models Revisited

Buy Article:

$29.50 plus tax (Refund Policy)

Abstract:



Logging in the U.S. South at the beginning of the twentieth century was an operating unit of manufacturing and therefore treated as a cost center. Around the middle of the century, it shifted to a service provided by standalone firms operating as “for profit” businesses. The engineering economy approach of cost control from the earlier era of company logging operations continues to be used by professionals. Increasing production to distribute “fixed costs” is a key element of many cost control approaches. The most common of these, the model for identifying the point of operation where average total cost per unit is minimized, exemplified by Matthews' road spacing model, is revisited considering the complexities of the modern operating environment and the competing objectives of land management, wood supply, and for-profit contractors. South. J. Appl. For. 27(1):30–35.

Keywords: Contractors; cost minimization; environmental management; for-profit; forest; forest management; forest resources; forestry; forestry research; forestry science; least cost; margin; models; natural resource management; natural resources; optimum; planners/planning; profit

Document Type: Miscellaneous

Publication date: February 1, 2003

More about this publication?
  • Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Southern Journal of Applied Forestry covers an area from Virginia and Kentucky south to as far west as Oklahoma and east Texas.
  • Membership Information
  • Ingenta Connect is not responsible for the content or availability of external websites

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Partial Open Access Content
Partial Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more