Mid Sweden University

miun.sePublikasjoner
Endre søk
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
Decision making in forest management with consideration of stochastic prices
University of Guilan, Someh Sara, Iran.
SLU, Umeå.
International Institute for Applied Systems Analysis (IIASA), Laxenburg, Austria .
2010 (engelsk)Inngår i: Iranian Journal of Operations Research, Vol. 2, nr 1, s. 32-40Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

The optimal harvesting policy is calculated as a function of the entering stock, the price state, the harvesting cost, and the rate of interest in the capital market. In order to determine the optimal harvest schedule, the growth function and stumpage price process are estimated for the Swedish mixed species forests. The stumpage price is assumed to follow a stochastic Markov process. A stochastic dynamic programming technique and traditional deterministic methods are used to obtain the optimal decisions. The expected present value of all future profits is maximized. The results of adaptive optimization are compared with results obtained by the traditional deterministic approach. The results show a significant increase in the expected economic values via optimal adaptive decisions.

sted, utgiver, år, opplag, sider
2010. Vol. 2, nr 1, s. 32-40
HSV kategori
Identifikatorer
URN: urn:nbn:se:miun:diva-37480OAI: oai:DiVA.org:miun-37480DiVA, id: diva2:1358163
Tilgjengelig fra: 2019-10-07 Laget: 2019-10-07 Sist oppdatert: 2019-10-07bibliografisk kontrollert

Open Access i DiVA

Fulltekst mangler i DiVA

Person

Mohammadi Limaei, Soleiman

Søk i DiVA

Av forfatter/redaktør
Mohammadi Limaei, Soleiman

Søk utenfor DiVA

GoogleGoogle Scholar

urn-nbn

Altmetric

urn-nbn
Totalt: 40 treff
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf