This problem analyzes management of an acre of southern pine $($Pinus taeda$)$ forest.

Table: Parameter values for problem $2$

$$

$..9\mathrm{.}510\mathrm{.}1840\mathrm{.}03$

Source: Amacher, Gregory, Markku Ollikainen, and Erkki Koskela. $2009.$ Economics of Forest Resources.

Cambridge, Mass.: MIT Press. $($p$.15,23)$