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.
When feeding cows in the spring, itâs vital to provide adequate nutrition to help cows maintain ideal body condition and get rebred. Your herdâs rebreeding success will determine the number of calves youâll have the following year and how much those calves weigh. Needs by the numbers. Nutritional requirements for cattle climb upward from gestation to the last trimester of pregnancy and are at their highest during lactation. As a cow begins lactation, her protein and phosphorus requirements go up about 60 to 70 percent compared to requirements during the last trimester. Requirements for total digestible nutrients (TDN), or energy, increase by an additional 15 to 25 percent.