Publication Information
Title: Forest management planning for timber production: a sequential approach
Author: Rustagi, Krishna P.
Date: 1978
Source: In: Operational forest management planning methods: proceedings, meeting of steering systems project group, International Union of Forestry Research Organizations, Bucharest, Romania, June 18-24, 1978. Navon, Daniel, Compiler. Gen. Tech. Rep. PSW-GTR-32. Berkeley, CA: Pacific Southwest Forest and Range Exp. Stn., Forest Service, U.S. Department of Agriculture: p. 68-75
Station ID: GTR-PSW-032
Description: Explicit forest management planning for timber production beyond the first few years at any time necessitates use of information which can best be described as suspect. The two-step approach outlined here concentrates on the planning strategy over the next few years without losing sight of the long-run productivity. Frequent updating of the long-range and short-range plan makes it possible to keep a dynamic posture. Instead of one single objective of maximization of discounted present net worth, there are two objectives. The short-run objective implicitly maximizes the volume or the discounted present net worth of timber harvested curing the first rotation, subject to equal area constraint; the long-run objective explicitly maximizes the rate of return to the land either as timber volume (MA1) or annualized land rent. The reduced size of the two problems makes this: approach extremely practical.
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Rustagi, Krishna P. 1978. Forest management planning for timber production: a sequential approach In: Operational forest management planning methods: proceedings, meeting of steering systems project group, International Union of Forestry Research Organizations, Bucharest, Romania, June 18-24, 1978. Navon, Daniel, Compiler. Gen. Tech. Rep. PSW-GTR-32. Berkeley, CA: Pacific Southwest Forest and Range Exp. Stn., Forest Service, U.S. Department of Agriculture: p. 68-75. |