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A feedlot or feed yard is a type of animal feeding operation (AFO) which is used in intensive animal farming, notably beef cattle, but also swine, horses, sheep, turkeys, chickens or ducks, prior to slaughter.
This is related to an activity rate which is a similar calculation used in activity-based costing. A pre-determined overhead rate is normally the term when using a single, plant-wide base to calculate and apply overhead. Overhead is then applied by multiplying the pre-determined overhead rate by the actual driver units. Any difference between ...
Smithfield Foods hog CAFO, Unionville, Missouri, 2013. In animal husbandry, a concentrated animal feeding operation (CAFO), as defined by the United States Department of Agriculture (USDA), is an intensive animal feeding operation (AFO) in which over 1,000 animal units are confined for over 45 days a year.
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Cattle are often "finished" here, spending the last months before their slaughter gaining weight. They are fed nutritionally dense feed, also known as "concentrate" or "filler corn", in stalls, pens and feedlots at high stocking densities in enclosures. This achieves maximal rates of liveweight gain. [3] [4]
The regular feed conversion ratio, i.e. output fish mass divided by total feed mass. The conversion ratio only taking into account the fish-based component of fish feed, called the FIFO ratio (or Fish In – Fish Out ratio). FIFO is fish in (the mass of harvested fish used to feed farmed fish) divided by fish out (mass of the resulting farmed ...
The profit model is the linear, deterministic algebraic model used implicitly by most cost accountants. Starting with, profit equals sales minus costs, it provides a structure for modeling cost elements such as materials, losses, multi-products, learning, depreciation etc. It provides a mutable conceptual base for spreadsheet modelers.
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