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From the data collected one can calculate the number of trees per acre, the basal area, the volume of trees in an area, and the value of the timber. Inventories can be done for other reasons than just calculating the value. A forest can be cruised to visually assess timber and determine potential fire hazards and the risk of fire. [3]
Stumpage value method. A simplified net present value method where the value of the stock is obtained by multiplying the current volume of standing timber by its stumpage price, assuming the rate of discount is equal to the natural growth rate. S = A * p * Q. Value of standing timber = Area * price per m 3 * Quantity of timber. Consumption ...
Stocking measures account for three things: the cover type and species mixture in the stand, the basal area per acre, and the number of trees per acre. [3] Stocking allows for comparing stands that may have diverse ecology. [4] Stocking is a major part of forest management, both in commercial applications and for restoration or preservation.
Less sturdy timber is often ground and processed into pulpwood, principally for papermaking. Resins from sap yield wood tar, turpentine or other terpenes. Some resins and other tree products contain dangerous toxins (not generally listed below). Much of the economic value of trees comes from orchards and ornamental uses. [7]
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From the data collected one can calculate the number of trees per acre, the basal area, the volume of trees in an area, and the value of the timber. Inventories can be done for other reasons than just calculating the value. A forest can be cruised to visually assess timber and determine potential fire hazards and the risk of fire. [25]
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Map of wood-filled areas in the United States, circa 2000 [1]. In the United States, the forest cover by state and territory is estimated from tree-attributes using the basic statistics reported by the Forest Inventory and Analysis (FIA) program of the Forest Service. [2]