Abstract
Abstract Existing Christmas tree production cost and return models do not link the number and average price of merchantable trees to management practices. This model simulates number and price as functions of specific management practices accomplished within a rotation. The model allows evaluation of the trade-offs between additional management costs and resulting revenues. Using average production costs, investment of typical and intensive management scenarios in Northern New England were simulated. Real rates of return from 6 to 18% were obtained depending on the management regime and market prices. North. J. Appl. For. 5:51-55, March 1988.
Published Version
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