Optimal continuous cover forest management
with stochastic prices, set up costs of moving
harvester-forwarder systems and discounting
via dynamic programming
Peter Lohmander 2004-05-05
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Lowest feasible stock level
Period length
Horizon
1<=
1<=
1<=
<=100
Set up cost per hectare
Interest Rate (%)
Growth parameter k0
Growth parameter k1
Growth parameter k2
Highest stock level index
Highest harvest level
1<=
<=100
1<=
<=100
Number of price states
Difference between price states
1<=
<=100
pa
pb
Price process STDEV
1<=