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General Model Structure

Selected Major Model Components

Demand

First level: Macro level: GDP, DPI, CPI, Mortgage rates, Population, etc.
Second level: End use calculations.
Third level: Lumber, structural panels, paper, and paperboard demand.
Fourth level: Production, exports, imports, consumption.

Supply

First level: Softwood and hardwood timber supply centers.
Second level: Allocation of fiber to facilities
Third level: Production totals, efficiency conversions.
Fourth level: Primary and secondary product output.
Fifth level: Inventory, harvest, growth, and management activity.

Supply/Demand

First level: Resource input use and price.
Second level: Product output price, costs.
Third level: Capacity, capacity allocation, and structural changes.
Fourth level: Equilibrium calculation, log and product breakeven analysis.
Fifth level: Equilibrium solution and results.
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