Books  Habitats, Ecosystems & Natural Spaces  Forests - General & Temperate 

Decision-Making in Forest Management

Series: Forestry Research Studies Series

By: MRW Williams

Research Studies Press

Paperback | Dec 1988 | Edition: 2 | #85904 | ISBN: 0863800688
Availability: Usually dispatched within 6 days Details
NHBS Price: £35.00 $45/€41 approx

About this book

Making decisions is a risky business at any time, but in forestry the length of time between planting and harvesting makes it that much more perilous. In fact, forest managers may never see the final results of their actions. Some sort of 'back-up' is needed to help them make the right decisions. This book shows how certain financial 'tools' may be used to give this support, while stressing that the decision is still the responsibility of the manager. The background of forest economics is described and the various 'tools' explained, showing how they may be used for decision making. In this revised edition, new chapters have been included on the use of computers in forest management.


Contents

Introduction; Time-Scales in Financial Calculations; Using Various Compound Interest/Discount Rates; The Price/Size Gradient; The Money Yield Table; Discounted Revenue and Expenditure; Net Discounted Revenue; The Internal Rate of Return; Other 'Financial Tools'; Computers in Forestry; Computer Applications for Decision-Making; Use of Computers in UK Forestry Today; The Planting Decision; The Site-Improvement Decision; The Thinning Decision; The Felling Decision; The Pruning Decision; Summary and Conclusion.

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