Abstract

A method is developed for determining money values per point of protein and fat in a processing plant. The value per point of solids is computed from the effect of variation in solids test on the firm's profits. It can be extended to apply to solids-not-fat instead of protein and to various manufactured products. The procedure is presented in worksheet form and applied to a cheese plant. In the plant studied, the maximum premium per point of protein per 100kg of milk is $.2891.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.