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In: Economics

Explain the concept of an economically optimal thinning intensity (percent volume removed) given one thinning age...

Explain the concept of an economically optimal thinning intensity (percent volume removed) given one thinning age y and one rotation age t.

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Answer:
Economically Optimal thinning regime is typically is defined as the program of the series of thinning throughout a rotational period. Since the thinning model is maximized with respect to harvest age of each tree, these concepts are derived from the individual harvest age of the tree of stand. Thinning regime describes the relationship between optimal thinning ages.
Accordingly, tree might either be thinned at the same or at successive age. This distinction gives rise to fundamental question. A thinning intensity might be interpreted as the number of trees removed at the same age. In terms of the simultaneous equation system of the necessary condition, the thinning intensity demands the satisfaction of two or more optimal thinning age condition at the same age since the index of the summation training mode indicates temporal order of harvest.

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