Academic Journal

Multistage Sample Average Approximation for Harvest Scheduling under Climate Uncertainty

التفاصيل البيبلوغرافية
العنوان: Multistage Sample Average Approximation for Harvest Scheduling under Climate Uncertainty
المؤلفون: Martin B. Bagaram, Sándor F. Tóth
المصدر: Forests; Volume 11; Issue 11; Pages: 1230
بيانات النشر: Multidisciplinary Digital Publishing Institute
سنة النشر: 2020
المجموعة: MDPI Open Access Publishing
مصطلحات موضوعية: data-driven optimization, climate change, harvest planning, optimality gap, forest
جغرافية الموضوع: agris
الوصف: Forest planners have traditionally used expected growth and yield coefficients to predict future merchantable timber volumes. However, because climate change affects forest growth, the typical forest planning methods using expected value of forest growth can lead to sub-optimal harvest decisions. In this paper, we propose to formulate the harvest planning with growth uncertainty due to climate change problem as a multistage stochastic optimization problem and use sample average approximation (SAA) as a tool for finding the best set of forest units that should be harvested in the first period even though we have a limited knowledge of what future climate will be. The objective of the harvest planning model is to maximize the expected value of the net present value (NPV) considering the uncertainty in forest growth and thus in revenues from timber harvest. The proposed model was tested on a small forest with 89 stands and the numerical results showed that the approach allows to have superior solutions in terms of net present value and robustness in face of different growth scenarios compared to the approach using the expected growth and yield. The SAA method requires to generate samples from the distribution of the random parameter. Our results suggested that a sampling scheme that focuses on generating high number of samples in distant future stages is favorable compared to having large sample sizes for the near future stages. Finally, we demonstrated that, depending on the level of forest growth change, ignoring this uncertainty can negatively affect forest resources sustainability.
نوع الوثيقة: text
وصف الملف: application/pdf
اللغة: English
Relation: Forest Ecology and Management; https://dx.doi.org/10.3390/f11111230
DOI: 10.3390/f11111230
الاتاحة: https://doi.org/10.3390/f11111230
Rights: https://creativecommons.org/licenses/by/4.0/
رقم الانضمام: edsbas.23455848
قاعدة البيانات: BASE