Article contents
A Quantitative Approach to the Feedlot Replacement Decision*
Published online by Cambridge University Press: 28 April 2015
Extract
If all feeder cattle were identical and if all relative prices were constant the feedlot manager would still have an important and difficult decision to make. The decision involves selecting the time at which to replace a pen of cattle on feed with a new pen of feeder cattle such that profit is maximized, over time, to the feeding operation as a whole. Of course, all cattle are far from identical and prices, even relative prices, are never constant. The decision that is not simple with identical cattle and constant prices becomes most difficult with consideration of different types of replacement cattle and varying prices.
- Type
- Research Article
- Information
- Copyright
- Copyright © Southern Agricultural Economics Association 1972
Footnotes
Oklahoma State Agr. Exp. Sta. Journal Article No. 2374
References
- 3
- Cited by