Question: Please explain rationale for calculations when possible. Plots are scatter plots. Thank you! Growth and yield models inform about the total wood that can be

 Please explain rationale for calculations when possible. Plots are scatter plots.

Please explain rationale for calculations when possible. Plots are scatter plots. Thank you!

Growth and yield models inform about the total wood that can be harvested at a given stand age. The data provided to you report growth and yield of an acre of loblolly pine grown in southern Georgia. Q1: Please consider the following conversion factors and parameters for developing your economic model. A cubic feet of greenwood weights about 65 pounds of greenwood Price of sawtimber = $30/ton Price of chip-n-saw = $20/ton Price of pulpwood = $10/ton | Real Interest Rate = 5% (compounded annually) At what stand age a landowner should harvest to maximize the Net Present Value? Plot the relationship between stand age (x-axis) and Net Present Value (y-axis). (30) Q2) Please consider the following conversion factors and parameters for developing your economic model. A cubic feet of greenwood weights about 65 pounds of greenwood Price of sawtimber = $30/ton | Price of chip-n-saw = $20/ton Price of pulpwood = $10/ton | Fertilizer at 3rd year = $200/acre Fertilizer at 12th Year = $300/acre | Tax = $5/acre/year | Planting Cost at Year 0 = $150/acre Real Interest Rate = 5% (compounded annually). At what stand age a landowner should harvest to maximize the Net Present Value? Plot the relationship between stand age (x-axis) and Net Present Value (y-axis). (50) Growth and yield models inform about the total wood that can be harvested at a given stand age. The data provided to you report growth and yield of an acre of loblolly pine grown in southern Georgia. Q1: Please consider the following conversion factors and parameters for developing your economic model. A cubic feet of greenwood weights about 65 pounds of greenwood Price of sawtimber = $30/ton Price of chip-n-saw = $20/ton Price of pulpwood = $10/ton | Real Interest Rate = 5% (compounded annually) At what stand age a landowner should harvest to maximize the Net Present Value? Plot the relationship between stand age (x-axis) and Net Present Value (y-axis). (30) Q2) Please consider the following conversion factors and parameters for developing your economic model. A cubic feet of greenwood weights about 65 pounds of greenwood Price of sawtimber = $30/ton | Price of chip-n-saw = $20/ton Price of pulpwood = $10/ton | Fertilizer at 3rd year = $200/acre Fertilizer at 12th Year = $300/acre | Tax = $5/acre/year | Planting Cost at Year 0 = $150/acre Real Interest Rate = 5% (compounded annually). At what stand age a landowner should harvest to maximize the Net Present Value? Plot the relationship between stand age (x-axis) and Net Present Value (y-axis). (50)

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