Journal of Applied Sciences1812-56541812-5662Asian Network for Scientific Information10.3923/jas.2008.1995.2007LohmanderP. LimaeiS. Mohammadi 112008811In this study, a growth function was estimated for an Iranian uneven-aged forest. Then the optimal harvest decisions were calculated via stochastic dynamic programming. The harvest decisions which maximize the expected present value of all profits over time are made adaptively, conditional on the latest available price and stock level information. It is possible to determine the optimal harvesting level under different price and stock states. The results show that you may increase the expected present value by more than 26% via optimal adaptive decisions.]]>Bellman, R.E.,1957Pages: 340Pages: 340Buongiorno, J., J.L. Peyron, F. Houllier and M. Bruciamacchie, 199541397429Buongiorno, J., 200147466474Buongiorno, J., 2001151121132Chang, J.S., 198127739744Chow, G.C., 19791134175Clark, C.W., 1976pp: 386pp: 386Duerr, W.A. and W.E. Bond, 1952501216Duerr, W.A., J. Fedkiw and S. Guttenberg, 19561956Fleming, W.H. and R.W. Rishel, 1975pp: 185pp: 185Forestry Commission, 19981998Francois, R., J. Boungiorno, M. Zhou and J.L. Peiron,2005516475Haight, R.G., 19903610151031Hall, D.O., 198329833836Hann, D.W. and B.B. Bare, 19791979Hool, J.N., 1966122626Jacobsen, J.B. and B.J. Thorsen, 2003mixed-species forest under changing growth conditions caused by climate change.]]>180375388Johansson, P.O. and K.G. Löfgren, 1985pp: 292pp: 292Kaya, I. and J. Buongiorno, 198733889907Lembersky, M.R. and K.N. Johnson, 197521109122Lembersky, M.R., 1976226981Lohmander, P.,19871987Lohmander, P., 199072949Lohmander, P., 19921992Lohmander, P., 200095217228Lohmander, P., 20072007pp: 525-544pp: 525-544Majnonian, B. and H. Etter, 19931993Michie, B.R., 198531116121Peng, C., 2000132259279Rardin, R.L., 1998pp: 919pp: 919Rudin, W., 19873rd Edn.,Schaefer, M.B., 195412756Tarp, P., F. Helles, P. Holten-Andersen, J.B. Larsen and N. Strange, 2000130187198Tarp, P., J. Buongiorno, F. Helles, J.B. Larsen, H. Meilby and N. Strange, 2005206374Virgilietti, P. and J. Buongiorno, 1997312742Winston, W.L.,20034th Edn.Zahedi, A.G.,19911991Zhou, M. and J. Boungiorno,2006223170182Limaei, S.M. and P. Lohmander,2007610271036