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.
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