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    Author(s): G. B. Harpole
    Date: 1983
    Source: Gen. Tech. Rep. FPL–GTR–34. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 4 p. : ill. ; 28 cm.
    Publication Series: General Technical Report (GTR)
    Station: Forest Products Laboratory
    PDF: View PDF  (253 KB)

    Description

    Methods other than presented here should be used to assess projects for likely return on investment; but, payback is simple to calculate and can be used for calculations that will indicate the relative attractiveness of alternative improvement projects. This paper illustrates how payback ratios are calculated, how they can be used to rank alternative improvement projects, and how to calculate the benefit value of improvement projects.

    Publication Notes

    • We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

    Citation

    Harpole, G. B. 1983. Payback as an investment criterion for sawmill improvement projects. Gen. Tech. Rep. FPL–GTR–34. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 4 p. : ill. ; 28 cm.

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    Keywords

    Feasibility studies, costs, efficiency, profits, sawmilling, sawmill improvement projects

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