That land has trees puts it into one category of use. That use can rapidly change even though everyone is aware that forests take many years to develop. Trees are part of a forest system that includes owners, surrounding land, water, location, taxes, markets, roads, the legal and economic environment, risks of loss, tax policy, current consumer preference, wildlife damage, game preference and hunting attitude, and tendencies toward outdoor recreation. It includes current wood use technology, regional wood prices, warehouse and stockpile capability, and modern sawmill techniques. Every piece of land is unique.
Computer technology allows that concept to be useful.
Now characteristics of every site can be used to determine what trees grow best on what sites, but equally important in the larger system what species, at what age, in what arrangement, on what site, suffering what expected losses and costs, at what distance from a road and mill, given today's and technology and expected received funds, can be profitable. Asking the question of profit is not a bad idea. Social value of forests is real, and can be computed, but not well at the stand or ownership scale. Not efficiency but achieving cost effectiveness of the total system is the mission. It is hard to imagine the average C-grade graduate of current forestry schools as being able to be responsible for the total system.