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Problem: Managing Infinite Forest Rotations The president of your company has persuaded you that you should be considering all future forest rotations when considering whether
Problem: Managing Infinite Forest Rotations
The president of your company has persuaded you that you should be considering all future forest rotations when considering whether to use the land as a forest for convert timber into forest products. Now you want to find the rotation length T ? that maximizes the private net present value of all forest rotations:
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