Laminated Veneer Lumber (LVL) panels made from poplar (Populus ussuriensis Kom.) and birch (Betula platyphylla Suk.) veneers were tested for mechanical properties. The effects of the assembly pattern on the modulus of elasticity (MOE) and modulus of rupture (MOR) of the LVL with vertical load testing were investigated. Three analytical methods were used: composite material mechanics, computer simulation, and static testing. The reliability of the different LVL assembly patterns was assessed using the method of Monte-Carlo. The results showed that the theoretical and ANSYS analysis results of the LVL MOE and MOR were very close to those of the static test results, and the largest proportional error was not greater than 5%. The veneer amount was the same, but the strength and reliability of the LVL made of birch veneers on the top and bottom was much more than the LVL made of poplar veneers. Good assembly patterns can improve the utility value of wood.