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Determination of the optimal production cycle length from the financial aspect in poplar plantations on meadow semigley
Author(s) -
Ljiljana Keča
Publication year - 2014
Publication title -
glasnik šumarskog fakulteta - univerzitet u beogradu/glasnik šumarskog fakulteta
Language(s) - English
Resource type - Journals
eISSN - 2217-8600
pISSN - 0353-4537
DOI - 10.2298/gsf1410087k
Subject(s) - production (economics) , production cycle , consumption (sociology) , environmental science , maximization , wood production , agricultural economics , forestry , agroforestry , mathematics , agricultural engineering , geography , economics , engineering , forest management , macroeconomics , mathematical optimization , social science , sociology , manufacturing engineering
Due to the trends in the consumption of wood and particularly s oft broadleaves, poplar cultivation gained importance in this country and worldwide during the last decade of the twentieth century. Many countries, primarily those with developed forestry (Canada, France, Italy, etc.), have recognized the importance of poplar cultivation in terms of production, economics and environmental protection. The aim of this study is to apply the method of assessment and the method of calculating the optimal production cycle length in order to determine the optimal production cycle length of poplar plantations in the studied localities of Ravni Srem (FE “Sremska Mitrovica”) from an economic standpoint. The purpose of this research is to provide guidelines for forestry practices aimed at the improvement of the situation in the field of assessment of the optimal production cycle length in poplar plantations. The research object a re: the number of trees, volume of trees and other elements that will be quantified and numerically analyzed. The initial hypothesis of the study was that the production cycle length of poplar in the study area ranges from 10-20 years, depending on the soil type. The production cycle length of poplar in the study area ranges from 15-19 years. It was calculated using three methods: Mo, M1 and M2. The assessment based on the NPVs criterion determined a desired optimal production cycle length of about 16 years on meadow semigley. When the optimum production cycle length of Euro-American poplar is concerned, it is appropriate for the analyses to use the maximization of the average net present value. [Projekat Ministarstva nauke Republike Srbije, br. EVBR 37008: Održivo gazdovanje ukupnim potencijalima šuma u Republici Srbiji i br. TP 31041: Šumski zasadi u funkciji povećanja pošumljenosti Srbije

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