Landscape Management System

LMS Economatic

Economatic is a Microsoft Excel based economic/financial analysis tool for use with Landscape Management System (LMS). As with most economic analysis tools available for forest managers and landowners, Economatic can compute a typical suite of figures. What makes Economatic unique is its direct linkage to growth models through LMS. Rather than requiring the user to enter estimates of future harvest yields and cash flows, these values are directly imported from management simulations done in LMS. The parameters in Economatic can be completely customized to account for user-specific costs and rates, which provides robust analytical capabilities for advanced users. A simple analysis using the default values can also be done. Adjustment of parameters also allows for easy sensitivity analysis as well as impact analysis of regulatory changes. Economatic works on Windows-based computers with MS Excel 2000 or newer.

Economatic 1.3 comes bundled with two companion programs: Scenario Analyzer 1.3 and Sort Table Wizard 1.01. Scenario Analyzer is a tool for comparing multiple Economatic runs. Sort Table Wizard is a tool for customizing the sort tables used by LMS portfolios. Sort tables are what define the log prices and specifications and thus determine the harvest output values that LMS exports to Economatic. Important note: the Sort Table Wizard requires Access 2000 or later. If you do not meet this requirement, you will need to download the runtime components, which will allow full use of the Wizard. You do not need to install the runtime components if you already have Access 2000 or later, you've already installed runtime components (e.g. with Inventory Wizard), or you do not plan on using the Sort Table Wizard companion.

Once installed, Economatic can be accessed from the Analysis:Tables menu in LMS. Scenario Analyzer can be accessed using the Export function in Economatic. Sort Table Wizard can be accessed from the LMS2 program group on the Windows Start Menu. All three components feature built-in help and tutorials.


Date
Version
Description
Oct 15, 2004 Economatic 1.2.1 Fixed a problems with Economatic 1.2 and Excel 2000. This update is needed if you have LMS 2.0.45r8 installed.
March 18, 2005 Economatic 1.3 Fixed a worksheet protection problem, a printing problem, and several calculation problems.
May 2nd, 2005 Economatic 1.3 Update to fix links to tutorial in Economatic 1.3.

Download Economatic 1.3 Update:


Economatic_1.3.exe
(3.68 MB)

Economatic 1.3 is included in LMS 2.0.45r10.
 
Download Access Runtime Files
(for those without Access 2000 or newer)

The Economatic, Scenario Analyzer, and Sort Table Wizard components were developed by the Rural Technology Initiative at the University of Washington. Please send questions, comments or requests for a CD-ROM to:

Last Updated: Monday, May 2, 2005 12:13 PM


lmshelp@u.washington.edu

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