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ROTATION
Abstract:The computer model ROTATION was developed to calculate and compare optimal rotation ages for even-aged forest stands according to mean annual increment, money yield table, forest rent, land expectation value, present net worth, internal rate of return, and financial maturity criteria. The program was written in Microsoft QuickBasic and h e input variables consist of volume yield data, stumpage price, land cost, stand establishment cost, stand management cost, and the rate of interest. Results are displayed in tabular format and values indicating the optimal rotation age based on each of the seven criteria are presented. A representative example is included which incorporates normal yield data for ponderosa pine (Pinus oonderosa Doual. ex Laws.) and commercial timber management revenues and expenditures approximating those currently countered in the Sierra Nevada and southern Cascades, USA. Potential users of ROTATION include forest managers and natural resource educators.
Keywords:Forest management  timber management  forest economics  financial analysis  stand rotation
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