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Table 1 Net present value calculated with 3% discount rate and optimal rotation length in the optimizations conducted for spruce plantation

From: Stand management optimization – the role of simplifications

Optimization problem

NPV, €/ha

Rotation length, yrs

10% damage

40% damage

10% damage

40% damage

1 Low thinning max 40%

408

73

2 Free thinning max 40%

651

92

3 Free thinning no limit

845

101

4 Mixed stand

1088

88

5 Ingrowth, 3 thinnings

1137

1107

126

118

6 Ingrowth, 4 thinnings

1187

1116

128

139

7 Ingrowth, 5 thinnings

1228

1153

131

171

  1. When ingrowth was simulated, either 10% or 40% of understorey trees were assumed to be damaged in a thinning treatment.