Author:
Miller Bill R.,Arraes Ronaldo A.,Pesti Gene M.
Abstract
AbstractLeast cost feed mix by linear programming (LP) is a standard economic analysis in the poultry industry. A significant body of nutrition knowledge is now contained in the constraint set of industry LP models. This knowledge might be merged into an improved economic model that contains production response information. Analysis using a quadratic programming model indicated that a leading broiler firm could have improved economic efficiency by increasing protein density and reducing energy density of broiler finisher feed. If applicable industry wide, similar savings could be as high as $120 million per year.
Publisher
Cambridge University Press (CUP)
Subject
Economics and Econometrics,Agricultural and Biological Sciences (miscellaneous)
Reference15 articles.
1. Arraes Ronaldo A. Alternative Evaluations of Economically Optimal Rations For Broilers, Ph.D. dissertation submitted to the College of Agriculture, Agricultural Economics Department, University of Georgia; Athens, Georgia; August, 1983.
2. The Measurement of Efficiency Relative to a Frontier Production Function
3. Proportionality Among Nutrients in Least Cost Feed Formulation
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