Commercial dairy producer

Assignment Help Operation Management

Reference no: EM131763484

A commercial dairy producer has one more cow to select to keep in his herd, and he has three cows to choose from. The herd average for milk production is 25,000 lbs. The first cow (Cow A) has a single record of 24,500 lb. Cow B has two records of 24,500 lb and 24,700 lb. Cow C has an average of 24,700 lb for three lactations. Please determine the estimated producing ability, the expected next lactation milk production record, and the accuracy of the estimation for each of the three cows, and recommend to the producer which cow to keep in the herd. The heritability of milk production is 0.30 and the repeatability is 0.50.

Reference no: EM131763484

Questions Cloud

Understanding of management and organizational behavior : How does an understanding of management and organizational behavior lead to organizational effectiveness and efficiency?

What amount should joy report in its income statement : What amount should Joy report in its 2008 income statement as the current provision for income taxes

Explore the concept of corporate social responsibility : Explore the concept of Corporate Social Responsibility, or CSR. It has been said that business leaders are never asked about their personal sense of ethics.

Calculate the dollar value of the ending inventory : Walker Manufacturing had 517 hot tubs in stock at the end of the year. Inventory records show the following information.

Commercial dairy producer : A commercial dairy producer has one more cow to select to keep in his herd, and he has three cows to choose from.

Discuss the receipt of rental payments from customers : If a company both sells and leases equipment as a business, then is the receipt of rental payments from customers an operating or investing activity

What amount should be included as the deferred income tax : What amount should be included as the deferred income tax liability in Moss's December 31, 2007 balance sheet

Prepare an entry to record the incurrence of labour cost : Prepare an entry to record the incurrence of labour cost, and post the entry to appropriate T-accounts

Discuss relevance of accounting conventions of consistency : Walker Parking, which operates a six-story parking building, has a calendar year-end. It serves daily and hourly parkers, as well as monthly parkers.

User Account

All Pages