Volume 15 (2016) Pages 20-32
The PATH algorithm (Paredes and Brodie,1987) is interpreted by means of the calculus of variations. Using the PATH algorithm, a new dynamic programming model called Stand Optimization System (SOS) is developed. The system is incorporated into a growth simulator constructed by Arney (1985). Further limitation of optimality on the PATH algorithm and the relationship between the Lagrange multiplier and the decision variable are discussed.