money image by cherie from Fotolia.com. Economic models help managers and economists analyze the economic decision-making process. Each model relies on a number of assumptions, or basic factors that are present in all decision situations.he fundamental basis of economic decision making is individuals' or organizations' desire to maximize benefits while minimizing costs. This balancing act is referred to as maximizing value, and it is a skill that takes practice to master.
Most cattle producers are familiar with the term feed conversion.. Advertisement. Most cattle producers are familiar with the term feed conversion.. It is simply the amount of feed an animal consumes as compared to the amount of body weight gained, expressed as a ratio. Feed conversion ratios in the neighborhood of 6:1 (6 lbs of feed per pound of gain) are common in modern beef cattle feedlots. Stocker cattle producers are also interested in feed conversion, but the calculation is a little different.
1 Cattle raised in a dry-lot or feedlot environment require a different ration than those raised out on pasture. 2  This is because cattle raised in a feedlot have the feed brought to them instead of them looking for feed to eat when out on pasture. 3  Climate/seasons: 4  Winter feeding is different than spring/summer feeding.eed that is higher in TDN (at least 50%) will put weight on your cattle. Feed that is higher in DF (Digestible Fibre) and ADF is best for cows that need to lose weight or maintain it. 1  You need to focus on weight gain if you are feeding growing calves and replacement heifers and thin cows/bulls.