Payback as an investment criterion for sawmill improvement projects

G. B. Harpole

doi:10.2737/FPL-GTR-34

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Payback as an investment criterion for sawmill improvement projects

Informally Refereed

Authors:

G. B. Harpole

Year:

1983

Type:

General Technical Report

Station:

Forest Products Laboratory

DOI:

https://doi.org/10.2737/FPL-GTR-34

Source:

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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Abstract

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.

Keywords

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

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.