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When it comes to making planks I would highly recommend using Varrock teleport, you can set it as home teleport in barbarian village by talking with fishmonger.
That means you teleport to Varrock, you pick up the logs make them into planks and teleport back to Varrock, as this route is actually bit shorter than running back from sawmill to the bank. I'm surprised that it wasn't mentioned here, as I saw Magecrune doing over 80k planks like this and also many other players have implemented it.
But I took the time to calculate the cost and profits from making all kinds of planks.
- Logs
= 100gp to make into plank.
- Oak logs
= 150gp to make into plank.
- Teak logs
= 250gp to make into plank.
- Mahogany logs
= 500gp to make into plank.
The game is superb and community is mature and funny.
Check your title, I assume you didn't meant it to be monkeymaking guide
This guide is lacking.
- You should've mentioned construction's release. That's why the logs are important.
- Also you should've mentioned that players could make these into planks, which are wanted even more compared to logs.
- Cutting speed being affected by the difference of requirement and level goes unmentioned.
- Oak and Teak trees, their spots etc are missing.
- The exact tree spots on the map and the most effective routes go unmentioned.
- Using teletabs for mahogany logs is costly. Using runes is cheaper, but compared to log prices, banking in Seers' village's bank would be wiser.
- Guide is lacking how many logs per hour you get, current prices or links to their GE plots.
(optional)
+ logs 
+ Oak Logs 
+ Teak Logs 
+ Mahogany Logs with a rune hatchet 
at lvl 45., its special attack which costs 25% special attack power will cut 2 logs instead of 1. While using the Dragon Hatchet I recommend you get the Ring of vigour 
, this ring reduces the special attack power you use by 10% each cast.
or lvl 45 magic teleport,chopping teak trees at the fishing spots, banking and then walking back to the trees is a fast and good way to go about your runs.
or the lvl 45 magic teleport spell, chopping Mahogany trees and banking is a fast and good way to go about your runs. 
--> 
Logs = 100gp to make into plank. Oak logs = 150gp to make into plank. Teak logs = 250gp to make into plank. Mahogany logs = 500gp to make into plank. Logs = 123.816 exp Oak logs = 232.650 exp Teak logs = 554.400 exp Mahogany logs = 604.800 exp Logs = 66 runs - 1848 logs Oak logs = 55 runs - 1551 logs Teak logs = 60 runs - 1680 logs Mahogany logs = 51 runs - 1440 logs
