Sumários

Class 14

5 Novembro 2025, 14:00 José Guilherme Martins Dias Calvão Borges

Final quiz and exam: analysis of a realistic forest cash flow (The Pontevedra - Spain land use analysis forest project), including the use of Monte Carlo simulation. Link to the class notes: https://guarani.esalq.usp.br/moodle/course/section.php?id=42


Class 13

3 Novembro 2025, 14:00 José Guilherme Martins Dias Calvão Borges

Choosing economically optimal forest management regimes. Dealing with uncertainty and the stochastic nature of costs and revenues. Choosing probabilistic distributions and a hands-on application of the Monte Carlo method on the realistic exercises. Daily quiz and link to the class notes: https://guarani.esalq.usp.br/moodle/course/section.php?id=41


Class 12

22 Outubro 2025, 14:00 José Guilherme Martins Dias Calvão Borges

Hands-on exercises and applications to forest management problems. The thinning problem. The pruning problem. The coppice problem of managing another sprouting new forest or not. Daily quiz and link to the class notes: https://guarani.esalq.usp.br/moodle/course/section.php?id=40


Class 11

20 Outubro 2025, 14:00 José Guilherme Martins Dias Calvão Borges

The definition of optimal forest rotations. Volumetric optimal rotations (maximization of Mean Annual Increment - MAI). Economic optimal rotations (Faustmann approach of maximizing LEV). Daily quiz and link to the classnotes: https://guarani.esalq.usp.br/moodle/course/section.php?id=39


Class 10

15 Outubro 2025, 14:00 José Guilherme Martins Dias Calvão Borges

Review of the concept of cashflow and available criteria to analyze forest cashflows. Reviewing the most useful formulas and its applicability in forest management: Net Present Value (NPV); Cost/Benefit Ratio; Internal Rate of Return (IRR); Equivalent Annual Income (EAI); the Faustmannian Land Expectation Value (LEV); and the Discounted Production Cost of forest commodities. Daily quiz and link to the class notes: https://guarani.esalq.usp.br/moodle/course/section.php?id=38