Four variable-exponent taper equations and their modified forms were evaluated for lodgepole pine (Pinus contorta var. latifolia Engelm.) trees in Alberta, Canada. A nonlinear mixed-effects modeling approach was applied to account for within- and between-tree variations in stem form. Even though a direct modeling of within-tree autocorrelation by a variance–covariance structure failed to achieve convergence, most of the autocorrelation was accounted for when random-effects parameters were included in the models. Using an independent data set, the best taper equation with two random-effects parameters was chosen based on its ability to predict diameter inside bark, whole tree volume, and sectioned log volume. Diameter measurements from various stem locations were evaluated for tree-specific calibrations by predicting random-effects parameters using an approximate Bayesian estimator. It was found that an upper stem diameter at 5.3 m above ground was best suited for calibrating tree-specific predictions of diameter inside bark, whole tree volume, and sectioned log volume.