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Table 2 Net present value calculated with 3% discount rate and optimal rotation length in the optimizations conducted for pine 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%

847

64

2 Free thinning max 40%

1190

76

3 Free thinning no limit

1415

80

4 Mixed stand

1539

78

5 Ingrowth, 3 thinnings

1598

1597

112

113

6 Ingrowth, 4 thinnings

1659

1640

126

130

7 Ingrowth, 5 thinnings

1663

1649

137

125

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