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Stochastic modeling of the number of felled trees in selection stands

This paper solves the problem of forecasting the number of trees in the selection stands predicted for harvesting in a future period, so that the main resource of the number of trees is sustained. This is achieved by stochastic modeling of the number of felled trees and by solving the certain partial differential equation.

random walk; Itô's lemma; lognormal distribution; Itô's stochastic differential equation; partial differential equation


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