1. Math
2. Calculus
3. feed costs when evaluating the costeffectiveness of a particular feed...

# Question: feed costs when evaluating the costeffectiveness of a particular feed...

###### Question details

Feed costs:

When evaluating the cost-effectiveness of a particular feed, the FCR of that feed and its unit cost should be taken into account simultaneously and not independently of each other. Using the cheapest feed available, more often than not, does not translate into the lowest cost to produce a kilogram of fish.

Using the table below calculate cost per ton for the following scenarios.

i) If 5,000 lbs of fish were produced per acre, the feed was $300/ton, and the FCR was 1.6:1, what was the total cost of feeding the fish/acre? ii) Using the FCR from the previous question, determine what the price would be if 10,000 lbs of fish were produced per acre and the feed cost$250/ton.

iii) Given your answers to parts i and ii, which stocking density would you chose? Why?

iv) What factors affect FCR and Feed costs?