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Integrating timber price scenario modeling with tactical management planning of private forestry at forest holding level

Integrating timber price scenario modeling with tactical management planning of private forestry at forest holding level

Silva Fennica 34(4): 399-409

In forest management planning, deterministic timber prices are typically assumed. However, real-life timber prices vary in time, and price peaks(exceptionally high timber prices)may occur. If forest owners can utilize price variation by selling timber at high prices, they are able to increase net revenues correspondingly.

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