Enterprise Efficiency

{"nodes":[{"type":"PARAGRAPH","id":"foo","nodes":[{"type":"TEXT","id":"","nodes":[],"textData":{"text":"The primary resource of grazing livestock operations is ","decorations":[]}},{"type":"TEXT","id":"","nodes":[],"textData":{"text":"grass","decorations":[{"type":"COLOR","colorData":{"background":"","foreground":""}},{"type":"BOLD","fontWeightValue":700}]}},{"type":"TEXT","id":"","nodes":[],"textData":{"text":". In a sense ranchers are grass farmers who convert grass into marketable products such as meat and fiber. In order to make comparisons between different grazing livestock enterprises, a rancher must determine the return of each grazing livestock enterprise with respect to the amount of grass resource it consumes.","decorations":[]}}],"paragraphData":{"textStyle":{"textAlignment":"AUTO"},"indentation":0}},{"type":"PARAGRAPH","id":"jcdmf1023","nodes":[],"paragraphData":{"textStyle":{"textAlignment":"AUTO"},"indentation":0}},{"paragraphData":{"textStyle":{"textAlignment":"LEFT"}},"style":{},"id":"9224v1018","nodes":[{"type":"TEXT","id":"","nodes":[],"textData":{"text":"This measure is called “enterprise efficiency.” It is achieved by dividing the gross margin of a grazing livestock enterprise by the total GUMs consumed by that enterprise. Calculating enterprise efficiencies of different grazing livestock enterprises on a ranch is an important comparison tool for ranch managers. Ranch Vision automatically calculates the enterprise efficiency of each grazing livestock enterprise on your ranch.","decorations":[]}}],"type":"PARAGRAPH"}],"metadata":{"version":1,"createdTimestamp":"2022-12-19T17:56:18.279Z","updatedTimestamp":"2022-12-19T17:56:18.279Z","id":"b70256ca-5196-41da-b77b-a8d8dd7fa1c5"},"documentStyle":{}}