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.
This will help cattle gain weight, but the meat will not be as tender or as marbled as grain-finished meat. Cattle finisher (13-15% protein) can be fed at a rate of 1-1.5% body weight per day until the desired market weight is reached.Ideally, the calves should be put onto good pasture during this time.oung bulls should be fed cattle finisher at a rate of 1.5% of their body weight. Mature bulls need only forage, salt, minerals and kelp for most of the year. Two months before the breeding season, start providing ewe ration, gradually increasing the amount until the bull is eating 1.4-2.7 kg (3-6 lb.) per day.