7. The table below provides information about the growth of a pine forest in Georgia. The price ofthe harvested timber is $40 per cubic foot and the forest only provides timber benefits.Age (years)Current annualincrementVolume (cubic feet)Mean annual increment108141,99281.481.42099.6117.8144.63,4385,0566,75030114.640126.4161.850135140.4169.4167.460708,4249,98211.32812,366142.6141.6155.8134.68090100137.4103.813,000130119.4105.663.411013,13413.412012.672-46.2(A) When should the forest be harvested if the objective is to maximize the average annual timbervolume growth (l,e., biological rotation)?(B) What are two problems with using this rotation age to manage forest lands?CI Will this rotation age be longer or shorter than the rotation age that makimizes the present valueof the total timber income over multiple rotations? Why?

We are going to use the given table of benefits from timber forest across the life time of it, to…

7. The table below provides information about the growth of a pine forest in Georgia. The price of the harvested timber is $40 per cubic foot and the forest only provides timber benefits. Current annual increment Age (years) Volume (cubic feet) Mean annual increment 81.4 814 1,992 3,438 5,056 6,750 8,424 81.4 117.8 144.6 10 20 30 99.6 114.6 40 126.4 135 161.8 50 169.4 167.4 60 70 140.4 142.6 9,982 11.328 155.8 80 141.6 137.4 134.6 90 12,366 13,000 13,134 12,672 103.8 100 130 119.4 63.4 110 13.4 120 105.6 -46.2 (A) When should the forest be harvested if the objective is to maximize the average annual timber volume growth fl.e. biological rotation)? (B)What are two problems with using this rotation age to manage forest lands? C) Will this rotation age be longer or shorter than the rotation age thatmakimizes the present value of the total timber income over multiple rotations? Why?

7. The table below provides information about the growth of a pine forest in Georgia. The price of the harvested timber is $40 per cubic foot and the forest only provides timber benefits. Current annual increment Age (years) Volume (cubic feet) Mean annual increment 81.4 814 1,992 3,438 5,056 6,750 8,424 81.4 117.8 144.6 10 20 30 99.6 114.6 40 126.4 135 161.8 50 169.4 167.4 60 70 140.4 142.6 9,982 11.328 155.8 80 141.6 137.4 134.6 90 12,366 13,000 13,134 12,672 103.8 100 130 119.4 63.4 110 13.4 120 105.6 -46.2 (A) When should the forest be harvested if the objective is to maximize the average annual timber volume growth fl.e. biological rotation)? (B)What are two problems with using this rotation age to manage forest lands? C) Will this rotation age be longer or shorter than the rotation age thatmakimizes the present value of the total timber income over multiple rotations? Why?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

250 200 150 100 50 0 250 200 150 100 50 $ 0 0 0 10 PL-MFCL- MRPL-VMP Fig A. MRP 10 VMPL 20 30 O (d) fig A and fig. B O(e) fig C and fig D Fig C. 20 40 30 40 50 PL-MFCL 50 250 200 150 100 50 0 250 200 150 100 50 $ 0 S MRPL-VMPL 10 VMPL MRP 10 Fig B. 20 20 Fig D. 05 Which of the above figures represents a firm facing competition in its product market? O (a) fig A Ⓒ (b) Fig B O (c) fig C 30 30 40 40 MFCL 50 Ls MFC 50 LS
Answer question 9.69 using excel and show steps clearly please
0.9 Price 0.8 0.7 0.6 oo 0.5 0.4 öö 0.3 0.2- 0.1 0 0 1000 2000 3000 4000 5000 6000 7000 8000 Quantity What's the marginal value at a quantity of 4,000? Answer here 000 ← PREVIOUS O Submission arget due: 3/1/23 25% Status: Completed, Below passing score APR 13 F7 átv F8 DD F9
1.A company have to choose the type of electrical generator to sustain its production operation in case of power failures. Type A Type B First Cost P200,000 P300,000 Annual Operations Cost P 32,000 P 24,000 Annual Labor Cost P 50,000 P 32,000 Insurance & Taxes 3% of First Cost 3% of First Cost Payroll taxes 4% of first Cost 4% of first Cost Estimated Life 10 yrs 10 yrs Note: All the Types of Genset will depreciate. If the minimum required rate of return is 15%, which type of genset should be selected? Using Present Worth Method, which type should be selected?
C 3 SERG P d B 162 A D > H 9
15-23 For the following projects what is the opportunity cost of capital if the budget is (a) $60,000, and (b) $120,000? If Project 4 has an external environmental cost of S1000 annually that is included, (c) how does this change the answer to (a)? (d) How does this change the answer to (b)? G Project Life (years) First Cost Annual Benefit Salvage Value 1 20 $20,000 $4000 2 20 20,000 3200 $20,000 30 20,000 3300 10,000 15 20,000 4500 5 25 20,000 4500 -20,000 6. 10 20,000 5800 7 15 20,000 4000 10,000 4.
12:42 PM 74 Coal 4 to 9 Natural gas Wind 4 to 10.5 8.6 4.8 to 9.1 8.2 4.5 to 15.5 8.8 Solar National average cost of electricity to residential custom- ers: 11e/kWh 46% utilizes coal and natural gas as the primary fuel source. What about the ethical aspects of the govemment's allow- ance for these plants to continue polluting the atmosphere with the emissions that may cause health problems for citizens and further the effects of global warming? What types of regulations, if any, should be developed for PEC (and other generators) to follow in the future? 3. You developed an interest in the LEC relation and the publicized cost of electricity of 10.27e/kWh for this year. You wonder if the addition of 60 MW of wind-sourced electricity will make any difference in the LEC value for this next year. You did learn the following: This is year 11 for LEC computation purposes 1-25 years i=5% per year Case Study E-5.052 billion kWh 57 LEC last year was 10.22 e/kWh (last year's breakeven cost to…
Show complete manual solution
Affordability R109 per week. Proteas (R15) Roses (R8) Lavender (R6) No. MU TU WMU MU TU WMU MU TU WMU 1 40 40 32 32 20 20 2 35 75 26 58 18 3 30 105 24 82 15 4 23 128 (b) 101 12 5 18 146 16 117 9 6 15 161 10 127 6 (c) 7 0 (a) 8 135 0 8 -6 155 (d) 135 -4 9 -15 140 (e) 131 -7 Calculate the average utility of 4 protea flowers. Round off to zero decimal places. Do not forget the word "utils". Blank 1 Blank 1 Add your answer
Assume that you are approached to assess a venture of building another bridge. Which of the following factors is the LEAST important in terms of engineering economics. a. number of vehicles in the city b. current interest rate c. cost structure d. service life of the bridge
Weekly Usage Annual Maintenance (hours) 13 10 14 18 22 27 25 31 40 38 Expense 17.0 22.0 25.0 27.0 37.0 34.0 33.0 39.0 51.5 40.0
Please answer using the methods or patterns of comparison. Thank You!