- Rensema, Timothy R.
University of Maine Graduate School
Investing in forest stand regeneration programs has been evaluated economically using cost benefit analysis. The criteria used have been (1) benefit-cost ratio, (2) internal rate of return and (3) net present value (NPV). In Maine, little research has been conducted in this area because of the abundance of natural regeneration. This study investigates six regimes using the net present value criterion and mill delivered cost per cord.