By Aaron Berger Nebraska Extension Beef Educator
Unit cost of production is a ratio where costs in the numerator are divided by the units produced in the denominator.
There are five ways to reduce unit costs of production in a cow-calf enterprise.
Decrease costs while keeping production the same. An example of this would be to sell unneeded equipment or reduce equipment expense while keeping calf production the same. Costs decrease while production is maintained, decreasing unit cost of production.