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Complete the table and use your results to answer the questions below the table. Ration Grain Silage Substitution Number (lbs.) (lbs. Ratio 1 4,000 12,240

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Complete the table and use your results to answer the questions below the table. Ration Grain Silage Substitution Number (lbs.) (lbs. Ratio 1 4,000 12,240 XXX 2 4,500 10,400 -3.68 3 5,000 8,760 -3.28 4 5,500 7,300 -2.92 5 6,000 6,000 -2.6 6 6,500 4,840 2.32 7 7,000 3,800 -2.08 8 7,500 2,860 -1.88 9 8,000 2,000 -1.72 10 8,500 1,200 -1.6 1. (3 points) Grain price per lb. $ 0.14 Silage price per lb. $ 0.08 Least-Cost Ration Number 2 . (3 points) Grain price per lb. Silage price per Ib. $ 0.16 $ 0.08 Least-Cost Ration Number 3. (3 points) Grain price per lb. Silage price per lb. $ 0.18 $ 0.08 Least-Cost Ration Number 4. (3 points) Grain price per lb. Silage price per lb. $0.18 Least-Cost Ration Number 5 0.105. What is the total cost of the ration you selected as the least cost ration for question 1? SHOW YOUR WORK FOR FULL CREDIT. (4 points) 6. What is the average feed cost per cwt. of milk based on your answer to question 5? SHOW YOUR WORK FOR FULL CREDIT. (4 points)

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