-
Notifications
You must be signed in to change notification settings - Fork 0
/
log.txt
1453 lines (971 loc) · 46.4 KB
/
log.txt
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515
516
517
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
556
557
558
559
560
561
562
563
564
565
566
567
568
569
570
571
572
573
574
575
576
577
578
579
580
581
582
583
584
585
586
587
588
589
590
591
592
593
594
595
596
597
598
599
600
601
602
603
604
605
606
607
608
609
610
611
612
613
614
615
616
617
618
619
620
621
622
623
624
625
626
627
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
650
651
652
653
654
655
656
657
658
659
660
661
662
663
664
665
666
667
668
669
670
671
672
673
674
675
676
677
678
679
680
681
682
683
684
685
686
687
688
689
690
691
692
693
694
695
696
697
698
699
700
701
702
703
704
705
706
707
708
709
710
711
712
713
714
715
716
717
718
719
720
721
722
723
724
725
726
727
728
729
730
731
732
733
734
735
736
737
738
739
740
741
742
743
744
745
746
747
748
749
750
751
752
753
754
755
756
757
758
759
760
761
762
763
764
765
766
767
768
769
770
771
772
773
774
775
776
777
778
779
780
781
782
783
784
785
786
787
788
789
790
791
792
793
794
795
796
797
798
799
800
801
802
803
804
805
806
807
808
809
810
811
812
813
814
815
816
817
818
819
820
821
822
823
824
825
826
827
828
829
830
831
832
833
834
835
836
837
838
839
840
841
842
843
844
845
846
847
848
849
850
851
852
853
854
855
856
857
858
859
860
861
862
863
864
865
866
867
868
869
870
871
872
873
874
875
876
877
878
879
880
881
882
883
884
885
886
887
888
889
890
891
892
893
894
895
896
897
898
899
900
901
902
903
904
905
906
907
908
909
910
911
912
913
914
915
916
917
918
919
920
921
922
923
924
925
926
927
928
929
930
931
932
933
934
935
936
937
938
939
940
941
942
943
944
945
946
947
948
949
950
951
952
953
954
955
956
957
958
959
960
961
962
963
964
965
966
967
968
969
970
971
972
973
974
975
976
977
978
979
980
981
982
983
984
985
986
987
988
989
990
991
992
993
994
995
996
997
998
999
1000
commit 0a9eb28c434bf6a9b09b600a9d072a595c66784d
Author: Graham Monteith <[email protected]>
Date: Mon Nov 16 11:56:25 2020 +0000
Changes to the source path
commit 73e7267d4645cb2405c652a195068ec490f64497
Author: Graham Monteith <[email protected]>
Date: Mon Nov 16 11:53:58 2020 +0000
Changes to the source path
Addition of a todo list
commit 24324aaffb37a0c55c5020bd55039bf0429986d6
Author: Graham Monteith <[email protected]>
Date: Thu Oct 15 08:47:04 2020 +0100
Add sections on types of maintenance plans.
The types of plans are reactive, preventative, predictive, realiabity
commit 1fbe0d866b83f0b735ba2cd204c037e1bf73618e
Author: Graham Monteith <[email protected]>
Date: Mon Oct 12 09:28:45 2020 +0100
Add graph - bathtub
The bathtub graph shows and idealised view of failure over the product
lifecycle.
commit cfd7df8581dd0e5ac15c746aea0c6fdcf1537160
Author: Graham Monteith <[email protected]>
Date: Mon Oct 12 09:26:54 2020 +0100
Create intial file for repair section.
This is to cover the concept of repair and maintenance and how to manage
the risks.
commit 05762b40b075740d0ea948ac62fef425b6d1c0f9
Author: Graham Monteith <[email protected]>
Date: Wed Oct 7 10:36:47 2020 +0100
Add examples
One example uses a bond the other two examples are based on NPV.
commit 65b63460b63ce9ec55a22ea759cf9e5e7fedd728
Author: Graham Monteith <[email protected]>
Date: Mon Oct 5 10:15:50 2020 +0100
Add sections and expand
Change to the layout. There are now three sections:
Traditional
Discounted cash flow
Hybrid
Include a graph and a better explanation of the failings of IRR in the section
on the MIRR.
Add a section on the conclusion on the analysis of different investment
selection criteria.
commit e555cb97b32b01af12f7e09e6d2e10d4781f908c
Author: Graham Monteith <[email protected]>
Date: Mon Oct 5 10:07:45 2020 +0100
Substantial expansion of the methods and logic behind the cost of
capital.
This is an extensive rewrite to expand and clarify how to think about and go
about establishing the cost of capital.
Define or improve the existing definition:
Capital structure
Debt
Dividend
Equity
Preferred shares
Index
Cost of capital
Discount rate
Cost structure
Improve the definition of risk and how it relates to expected returns.
Include better information on the CAPM
Provide formula to improve the thought processes around cost of equity in small
businesses.
Discussion of the alternative methods of calculating the cost of equity.
Add section on the amount of cash on hand.
Add a section on getting the cost of capital wrong.
commit 4d003ce74e5e9d0d44d2e08e660b3c0089b19427
Author: Graham Monteith <[email protected]>
Date: Mon Oct 5 09:46:02 2020 +0100
Change equation to have an indent
EQ >> EQ I
commit e43fe5e35a89f2273d2e0daa777469420f0b4f43
Author: Graham Monteith <[email protected]>
Date: Mon Oct 5 09:42:36 2020 +0100
Change equations to have an indent
commit 8edb60afbe2e5c25bcadfe8926cabe2df6273a8c
Author: Graham Monteith <[email protected]>
Date: Tue Aug 25 14:42:52 2020 +0100
Various
commit e689a13719dd6f6aef61ea319b91f003a9376697
Author: Graham Monteith <[email protected]>
Date: Tue Aug 25 14:35:27 2020 +0100
Changes based on Ames reading of the first draft.
- Ensure that the symbols are all in italics
- Add formuls to support some of the symbol definitions.
- Ensure all calculations have a unit to add clarity.
- Rewording as suggested by Ames reading of the document.
- Remove section on tack grazing. It did not sit well with the example
used throught out the scenario.
- Move the breakeven based on mortality to the end of the appropriate section.
- Standardise the deriving of the breakeven equations when used with
both a M% and M value.
- Remove explanations to the manipulation of the equations.
- Add a footnote explaining the margin multiplier.
- Add a unit to the headings for the breakeven. E.g. per kg
commit a647d1e0f2589188e2d1126561d3153abeb1e8df
Author: Graham Monteith <[email protected]>
Date: Mon Aug 24 10:43:45 2020 +0100
Add a graph to show the relationship between MJ ME/kg DM and the growth
rate.
commit 91aa763d597831cb57db4d96bc746ced9ee75a32
Author: Graham Monteith <[email protected]>
Date: Mon Aug 17 14:29:22 2020 +0100
Add additional keeps
commit 61f376a99e5f5b68e2023caea4a8b902d89aa5b0
Author: Graham Monteith <[email protected]>
Date: Mon Aug 17 14:14:23 2020 +0100
Add keeps
commit 770b41b6768caedb03e64cab78e02088eaa53ff7
Author: Graham Monteith <[email protected]>
Date: Mon Aug 17 14:07:01 2020 +0100
Harmonise symbols with the appropriate section on breakeven.
commit 9a4ea56b0a6a861d886b05aecad5adc600ac6310
Author: Graham Monteith <[email protected]>
Date: Mon Aug 17 13:56:24 2020 +0100
Add the keeps
The keeps ensure equations etc are not split over multiple pages.
commit 2666b7bfd3bac7ff9a8d695b3e6c4c5b7dec362e
Author: Graham Monteith <[email protected]>
Date: Mon Aug 17 12:09:04 2020 +0100
Spell check
commit 52d93f46c8e5d28bb87ccb461a2adc8aefafb968
Author: Graham Monteith <[email protected]>
Date: Mon Aug 17 11:51:20 2020 +0100
Various changes
harmonise the symbols used through out the document.
Area per lamb over a time period has been expanded to better explain the logic.
Changes to the wording in the document to hopefully improve the readability.
Change the table so the mortality is a seperate component to better match the equations.
Add section to show the total variable costs calculated on the basis of lambs
sold can be resolved to a calculation on the basis of lambs bought.
Add section on the calculating the purchase price with the margin as an
absolute value.
Add section on the calculating the sale price with the margin as an absolute
value.
commit 5fd118fd527c055572c627b760cecc1f4166ecef
Author: Graham Monteith <[email protected]>
Date: Fri Aug 14 17:35:24 2020 +0100
Additions and changes to the symbols
The list has become more comprehensive.
commit 75a467ae1a76fc45363aba97d20c4f022cddf2d7
Author: Graham Monteith <[email protected]>
Date: Fri Aug 14 16:05:23 2020 +0100
Change DM to dry matter in the text.
This is purely a stylistic change.
commit 035b46904a35c6372a3728fe8ea2f0dfe1a48786
Author: Graham Monteith <[email protected]>
Date: Fri Aug 14 10:35:49 2020 +0100
Changes to the tonnes of hay required.
The amount of hay required is now more consistent with the forage
calculation.
commit fe442ef0b1a8c25ded9232d2857e65e320c84cb7
Author: Graham Monteith <[email protected]>
Date: Fri Aug 14 10:21:07 2020 +0100
Rewrite to total forage hectares.
Symbol was created to add clarity and the relationship between 1 lamb
and the total requirement of a group of lambs was better established.
commit d0abd3c875424fd8ca9f73018a6bd3184401b638
Author: Graham Monteith <[email protected]>
Date: Fri Aug 14 09:19:26 2020 +0100
Incorporation of the cummulative DM equations and other changes
- Add equation for the DM over a number of days given a start and finish date.
- Add equation for the DM given a growth rate and start and finish date.
- Add equation for the DM between two dates.
-Change to the symbols to reflect the new cumulative DM equations.
-Change to the numbers in the examples to reflect the impact of the updated
equations.
-Add equation for the breakeven with a margin to establisht the sale price.
-Add equation for the breakeven with a margin to establisht the purchase price.
-Move the fuel cost from the fixed costs to the variable costs and update the
numbers.
-Show that feed cost can be calculated using the cumulative DM equations. The
feed costs are based on the costs for the total hectares divided by the target
number of lambs. The two methods yield the same approximate values.
-Expand the secton on growth rates to include the information on the
relationship between energy and growth.
commit 76408b795dbdb16c6e2d833f31796ed0afadb9b9
Author: Graham Monteith <[email protected]>
Date: Wed Aug 12 13:08:33 2020 +0100
Change the section on kg of hay required over a time period to reflect
the changes to the cumulative DM forumla
commit bfab6b62b183f939d5a3496245f9222727706d26
Author: Graham Monteith <[email protected]>
Date: Wed Aug 12 13:06:55 2020 +0100
Change the section on area over a time period to reflect the change in
the DM formula
commit 202cdb79c1b61de4585e837a5a87e78b18a5a4eb
Author: Graham Monteith <[email protected]>
Date: Wed Aug 12 11:35:33 2020 +0100
Changes to the section on DM over a time period.
A new formula has been devised and derived in the appendix.
commit 1d710611a2203f020a2c9fe4a6f746c2f8421253
Author: Graham Monteith <[email protected]>
Date: Wed Aug 12 11:06:53 2020 +0100
Add section on cumulative DM with a growth rate.
If the finished weight, store weight and the growth rate are known the
total kg of DM required to finish the lamb can be calculated.
commit 41adba008d8b5fdff0e6cc75de5c6becaacd798e
Author: Graham Monteith <[email protected]>
Date: Wed Aug 12 10:14:33 2020 +0100
Change the secion on DM for a time period.
The formula is derived in the appendix and its use is shown in this
seciton. The formula now only requires a start weight a finish weight
and a number of days.
commit 84405ad53db471f4464f98d86304f591270f21fb
Author: Graham Monteith <[email protected]>
Date: Wed Aug 12 09:49:09 2020 +0100
Add the formula for the finished weight.
The formula for the finished weight is used to calculate the dry matter
requirements and can be rearranged to resolve for the other components
like r.
commit 533cf6c0b7de3353aae2b3b40c9a59ba151e79cf
Author: Graham Monteith <[email protected]>
Date: Wed Aug 12 09:45:04 2020 +0100
Change the notation for the start and finish kilograms.
The cumulative dry matter calculations are undergoing a change. An
appendix is being created to move the calculations out of the main body
of the text.
commit be257be4402bb60652570b1e5dd3985486b11d66
Author: Graham Monteith <[email protected]>
Date: Tue Aug 11 14:07:33 2020 +0100
Formula to calculate the DM requirement between two dates.
For grazing purposes you need to know how much feed the lamb requires in
a given period.
commit 84288237a1e5f7ad683ca71993b94a8ce9c7cf45
Author: Graham Monteith <[email protected]>
Date: Tue Aug 11 12:14:27 2020 +0100
Cumulative DM to take a lamb from one weight to another with a given
growth rate.
The growth rate determines the amount of food that will be eaten and
therefore the cost. Different breeds have different growth rates and are
therefore different preferences.
commit 61096578f2ecafc3e5a120258c6410fc79d7bd0a
Author: Graham Monteith <[email protected]>
Date: Tue Aug 11 12:13:14 2020 +0100
Add equation for the cumulative DM given days and store weight and
finishing weight.
Often lambs are bought in one month to be sold x many days/weeks later
at a target weight.
commit f0fdcaa366f4a8984faa681ad56638dec3e603d1
Author: Graham Monteith <[email protected]>
Date: Tue Aug 11 12:12:11 2020 +0100
Add table and symbols.
The table shows the results of the equations to aid understanding. The
symbols are just for ease of reference.
commit 90e5d1b0b0a992c61a53fdcd9eae5bfdfa18336c
Author: Graham Monteith <[email protected]>
Date: Tue Aug 11 11:02:49 2020 +0100
Initial commit for the Appendix on the cumulative dry matter formulas.
The deriving of some of the more complex equations has been moved to an
appendix to make the main section clearer.
commit a0f9a3e8cd022a82b9b44c14e4ffab514f152f5c
Author: Graham Monteith <[email protected]>
Date: Fri Aug 7 09:26:07 2020 +0100
Change the equation for DM over a time period.
The old equation was correct but equation has been reworked to be
simpler and therefore easier to use.
commit b73c18904abcb59ee9b3757fae11d5a8e5e88cc0
Author: Graham Monteith <[email protected]>
Date: Thu Aug 6 14:15:17 2020 +0100
Add breakeven for the purchase price
commit 266b14e0154e5c63bf73fac3bc0421516f3cf6ca
Author: Graham Monteith <[email protected]>
Date: Thu Aug 6 12:47:52 2020 +0100
Addition of section the mortality rate breakeven
commit bcfd4806d9813a64c6169f148386081e36c7b028
Author: Graham Monteith <[email protected]>
Date: Thu Aug 6 09:23:12 2020 +0100
Change the equations to "indented" + addition of tack grazing to the
breakeven
commit 0c374d6e4e58da604d2bc3aef98882088f86c6fd
Author: Graham Monteith <[email protected]>
Date: Wed Aug 5 09:36:07 2020 +0100
The VC for the originated weight OW has been changed to reflect that it
is calculated on a daily basis.
commit c75b51bb10f04da78c261d70c2db99efc2f48b0b
Author: Graham Monteith <[email protected]>
Date: Tue Aug 4 10:02:48 2020 +0100
Additions to breakeven quantity.
The section now emphasis that this is the quantity sold and shows how to
calculate the quantity to be purchased to breakeven.
commit 031913dcbfddef9f9a9dd1d596a91382a5f00b2d
Author: Graham Monteith <[email protected]>
Date: Tue Aug 4 09:55:17 2020 +0100
Additional information on the breakdown of the contribution.
commit f74045948e969996212ff6261358ebb8304e2bbc
Author: Graham Monteith <[email protected]>
Date: Tue Aug 4 09:26:54 2020 +0100
Changes to the profit section due to the updates in the cost
calculations.
commit d4219a99e0a255e2b1b7f7b58cfe412927d081ba
Author: Graham Monteith <[email protected]>
Date: Tue Aug 4 09:10:17 2020 +0100
Changes to fixed costs and revenue to show the impact of the mortality
rate.
commit a28dc392edca36a0b339e7c0478bc6206e284858
Author: Graham Monteith <[email protected]>
Date: Mon Aug 3 16:06:30 2020 +0100
Additional of comprehensive information on the logice behind the impact
of the mortality rare.
The mortality rate has an impact on all of the costs. This change has
had a large impact on the layout and working of all the FC and VC.
commit 308556ac4e0be84c77f30e882c9b86199a7c30db
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 13:02:08 2020 +0100
Add information on the factors affecting the revenue.
The farmer has control over many of the factors affecting the revenue
even if he does not directly control the price.
commit 83ff35f521f59c35d5dafd9182bd3eaf877875a4
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 12:56:32 2020 +0100
Change the contribution to include price and weight.
The contribution now shows explicitly that it is a function of price
achieved after deductions and the weight of the finished lamb.
commit f394e2e02e3e27c2724da42b1e602f58e7383c18
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 12:43:40 2020 +0100
Add table to the total cost section.
Tables were added for clarity to the total cost section.
commit 04cc3c718e554a4670e78035f8a313473402dd46
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 12:01:47 2020 +0100
Add note on the importance of paying the right price for the store lamb.
The purchase weight is always far greater than the weight originated on
farm so it is critcical to buy these kilograms for the right price.
commit 529a807207d519149360ac3ae5b66e1bd88d1396
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 11:49:03 2020 +0100
Add tables to the fixed cost section
commit a6285754f0177e375ec2260bce464a4117ca6cf2
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 11:21:55 2020 +0100
Add a breakdown of the symbols to each equation in the variable costs.
The purpose is to constantly show both the breakdown of the costs and
how they stack up to represent the total.
commit b505e2ac2fe136deaa0f2f2f01c916f956c9928d
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 10:18:39 2020 +0100
Include the symbol for pi to represent profit
commit 8483f312123268e6b6de7de6a22d5f3924b625ed
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 10:13:12 2020 +0100
Change per lamb to per unit.
The change was made to make the work more applicable to a wider range of
livestock.
commit 10f059f673921a3356a79f0614dd691620f0d76c
Author: Graham Monteith <[email protected]>
Date: Wed Jul 29 10:04:40 2020 +0100
Changes to revenue
The price P3 was created to show the price after the deductions for
mortality and sales commission.
commit d123b18c29f4c5298d1f3a12d94f647c25045cc0
Author: Graham Monteith <[email protected]>
Date: Tue Jul 28 15:11:18 2020 +0100
Add simple breakeven example
This uses only the top level values and does not break the items into
their constituent parts.
commit 992bf434c34ade74f59478d39e594b7d839dcf61
Author: Graham Monteith <[email protected]>
Date: Tue Jul 28 13:45:16 2020 +0100
Simplification of the profit section
The profit is the revenue minus the costs. The revenue and costs have
been covered in detail in other sections so the profit section is now
very simple.
commit 29b8c9971847d93f5d7a097485c6edd779ef28fe
Author: Graham Monteith <[email protected]>
Date: Tue Jul 28 13:31:55 2020 +0100
Changes to the revenue section.
Include information on the relationship between the finished kgs and the
store kgs.
commit b45ccab74221fbae34dc127cf89b08c69a35eb5f
Author: Graham Monteith <[email protected]>
Date: Tue Jul 28 12:55:05 2020 +0100
Change layout for the cost per DM/KG
commit ebc9b911e70cba10384822458875331d7dca17e9
Author: Graham Monteith <[email protected]>
Date: Tue Jul 28 12:53:16 2020 +0100
Changes to total costs.
TC now reflects the PW and OW.
commit 9c98c092aefb318b834179a04cf1f21a310ce6ab
Author: Graham Monteith <[email protected]>
Date: Tue Jul 28 11:39:32 2020 +0100
Adjust variable costs to reflect the cost between the fixed and variable
components.
The variable cost has two components:
- Purchased weight
- Originated weight
commit 1fd74b1046ab5a28745a78803dd80b7d4883365c
Author: Graham Monteith <[email protected]>
Date: Tue Jul 28 09:22:25 2020 +0100
Add SL and WG to the symbols.
The classifications of SL and WG have added to the symbols.
SL - This is the cost of the store lamb and the vet, transport and
mortality.
WG - This is the cost per day of adding weight to the store lamb and is
made of finance, repair, maintenance, forage and hay.
It is useful to split the cost of acquiring the store from the cost of
adding weight.
commit bfe9c7c6863f36c4c4884e0dc48728fdfa34b47a
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 21:38:51 2020 +0100
Changes to the variable costs.
Addition of the R&M costs.
Addition of the store lamb.
Bigger table showing subtotal for all costs less store lamb.
Short discussion on the purcahsed kg (store lamb) vs originated kg
(weight gain).
commit bd33fa258610353e1769e165fc0344075da22c39
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 15:45:57 2020 +0100
Changes to the fixed costs.
The finance charge was increased to 210 days. This 90 days of growing
the roots and 120 days of usage.
The Fuel was increased to 953
The property was included at 6,000
commit 58a1b94478d2b317c8e5f5f8c8af6dbf43ea07d8
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 15:23:39 2020 +0100
Addition of calculation of hay requirements in kg over a time period.
commit f5b9b99a5d52398472b110bbc70cdd256cf936c1
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 15:11:03 2020 +0100
Add section to calculate hay requirements in kg per day
commit bba177621478aa855c411984d13781d53bda4c00
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 12:53:51 2020 +0100
Add an additional calculation to show the amount of hectares required
per lamb
commit c1d9cb203bed1f50c542034d661ad39b6db281e6
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 12:50:14 2020 +0100
Add section for Hay kg DM / tonne
commit d48b3f1d0176d17453dec73ed446d34ff7d5a97d
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 12:44:12 2020 +0100
Various changes to wordings
commit 4c4d7f5d1d629813ab83954e67b902524c2fb768
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 11:46:03 2020 +0100
Change the symbol for the DM over a time period.
The DM symbol now includes the start and finish periods.
commit 4659596c4e4c3fad21fa3049eab7392b239794af
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 11:12:02 2020 +0100
Changes to the symbols and the example scenario.
Changes to make the example more explicit and hopefully clearer.
Symbols were changed also to add clarity and remove ambiquity.
commit 77935b99e441a6b70e244a4a42b0e0b3255ddad7
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 10:53:19 2020 +0100
Change makeup of the fixed costs.
commit b10e5b036dd2b10e1118f4b6ec8f64ca382970a5
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 09:43:09 2020 +0100
Change number of hectares from 44 to 45.
The number of hectares rounds to 45 and not 44.
commit 296323f403293e99b455ec803241abd50e29e8f9
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 09:35:15 2020 +0100
Remove the TVC symbol and definition
commit 881002017b2a360ec7dfb1d7e995e9268753da8f
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 09:20:07 2020 +0100
Change symbol for the store lamb LC to SL
commit c4f88fa0ab5681707e0c12cd49f829a384295d4d
Author: Graham Monteith <[email protected]>
Date: Mon Jul 27 09:12:49 2020 +0100
Changes to the profit section, symbol change Q and DM
I am changing the format of the document at this stage.
The profit section was improved to show more information.
The quantity of lambs Q has the subscript l removed.
The DM over a time period symbole tp has been replaced with a sub script
s -> t. The s represents start and the t finish.
commit 3b0a9f83cf7062f61ebbf52d27eae4281ad3c99b
Author: Graham Monteith <[email protected]>
Date: Fri Jul 24 10:56:19 2020 +0100
Changes to revenue section
More detail was added to the revenue section.
commit 01555ea6d3be439f9e655066595d3771462c9815
Author: Graham Monteith <[email protected]>
Date: Fri Jul 24 10:30:36 2020 +0100
Fuel cost equation, days on farm
Change the fuel cost equation so that it includes the descriptions of
the inputs.
Add the target number of days on farm.
commit 1831a8631348918245d0872cc6d234de49567c25
Author: Graham Monteith <[email protected]>
Date: Fri Jul 24 09:33:21 2020 +0100
Add sections on area
Sections have been added to calculate the area per day and over a time
period, for instance a week.
commit 175140ea419fbe74987befe86b30a6cf4f5de447
Author: Graham Monteith <[email protected]>
Date: Thu Jul 23 11:42:38 2020 +0100
Add costs per kg dm
Formulas for the cost of forage and hay per kg DM have been added.
commit 927134516cf3e0556b9e7f367c4fe42dd9c02afd
Author: Graham Monteith <[email protected]>
Date: Thu Jul 23 11:01:58 2020 +0100
Move the total costs section to be with the FC and VC
Add table to show the split for TC, FC and VC
commit 546e9fc9f8ade8cf32827b6c5f968ea5391b790b
Author: Graham Monteith <[email protected]>
Date: Thu Jul 23 09:44:28 2020 +0100
Changes to the FC and VC section.
Sections were added to show the total costs for a mob of lambs as well
as individual lambs. Tables were added showing the breakdown of the
variable costs.
commit b0864ce3a4eb98afcb6903ced201046b5010dff6
Author: Graham Monteith <[email protected]>
Date: Wed Jul 22 17:20:34 2020 +0100
Change formulas for revenue
commit 4f72b724151e7dba07e8e069b092112c8e489a86
Author: Graham Monteith <[email protected]>
Date: Wed Jul 22 14:45:32 2020 +0100
Add fixed costs per lamb
commit 43dd0a237d60253680dc1bdafefab444c4bca387
Author: Graham Monteith <[email protected]>
Date: Wed Jul 22 14:39:44 2020 +0100
Add a check for the feed calculation.
A check is added to ensure the feed calcualtion is not too wide of the
mark. The check works from the required hectares and tonnes back to the
DM in kg.
commit fd147f6515ec7fbecb712ab6b8d44a2712f37d30
Author: Graham Monteith <[email protected]>
Date: Wed Jul 22 14:16:37 2020 +0100
Changes to the symbols and additional information on amount of hay.
An additional formula was added to calculate the amount of hay required.
commit 1a6babc9b969f56682be212ade0abd17f26c81ac
Author: Graham Monteith <[email protected]>
Date: Wed Jul 22 12:10:39 2020 +0100
Variable costs
commit 678025043d073dfd73188cc0fa75f09d8c82fe12
Author: Graham Monteith <[email protected]>
Date: Wed Jul 22 08:57:32 2020 +0100
Fixed costs
Add section on fixed costs. Include the finance cost for the forage.
commit a4fb80012ddb75cf37fc866525e23d6080b199bb
Author: Graham Monteith <[email protected]>
Date: Tue Jul 21 15:32:36 2020 +0100
Section on forage requirements.
This is the formula for the amount of forage and hay required for a
given number of lambs or an individual lamb.
commit a45820acbcc3827666c860c863ae1d8ba57edc63
Author: Graham Monteith <[email protected]>
Date: Tue Jul 21 12:02:46 2020 +0100
Add an example to show the impact of the growth rate on DM
If the growth rate is lower the amount of DM consumed by the lamb to get
it to finishing weight increases and so does the days on farm.
commit 82a896cc58fe76bb6fec05b32a854138811a39dc
Author: Graham Monteith <[email protected]>
Date: Tue Jul 21 10:36:53 2020 +0100
Add available DM per hectare
commit d744cd82677d69bbd1b0e9a44974433a1bee157d
Author: Graham Monteith <[email protected]>
Date: Tue Jul 21 09:20:32 2020 +0100
Add constants for the example scenario.
Add the information to complete the base examples.
commit f57ce74bfae35d3443b7dc1caea2bdc13855f377
Author: Graham Monteith <[email protected]>
Date: Mon Jul 13 15:09:40 2020 +0100
Changes to the breakeven analysis.
Breakeven has been incorporated into the section including functions in
general.
commit a0d02aabc2ad948818f50a8e94fa823e7d15c3f9
Author: Graham Monteith <[email protected]>
Date: Mon Jul 13 14:46:34 2020 +0100
Addition of the average cost function.
This is an addition and was not previously covered.
commit 0111639ee3f3e1a517a05fd96cbd9f9ecea925a1
Author: Graham Monteith <[email protected]>
Date: Mon Jul 13 14:33:22 2020 +0100
Changes to the Total cost function TC.
Previously there was no separate total cost function it was simply a
line in the breakeven. This has been changed to better show the
breakdown of the total revenue.
commit d6c28030d4bb7cd00a01a0f6abe86719836ff0d1
Author: Graham Monteith <[email protected]>
Date: Mon Jul 13 14:21:30 2020 +0100
Addition on information on revenue functions.
Define TR as equal to P(Q).
Define the supply and demand function as related to price.
commit 1ffbd193c22a2240c01f382b653cd2d8ca519dc8
Author: Graham Monteith <[email protected]>
Date: Mon Jul 13 10:56:39 2020 +0100
Rewrite of introduction with a large focus on the control of the
variables.
commit aedd4962c7ba3d92df5e3b233657248e0056ea1d
Author: Graham Monteith <[email protected]>
Date: Fri Jul 10 10:52:40 2020 +0100
Change the discription of the symbols to two columns.
The section is going to change to better reflect the manipulation of the
formula TR = TC. Currently only breakeven is shown.
commit 949797342edd7a8cd1bfaade142cd38105469eb1
Author: Graham Monteith <[email protected]>
Date: Fri Jul 3 09:37:40 2020 +0100
Add section for target parameters.
Add formuala for the 4 simple target parameters of sale weight,
purchase weight, days on farm and rate of growth per head per day.
commit 594a2ee04405f8c2ed8ee44ccf3bac2b7cf0c5cc
Author: Graham Monteith <[email protected]>
Date: Thu Jul 2 15:48:34 2020 +0100
Add additional symbols and table for growth rates.
The fixed costs now have the lamb cost split out.
Additionl symbols have been added for the different costs.
Table to show the growth rates for the different lamb weights.
commit 81c9bce71190eb3c5bf8a2d52a1c6b0635d848a5
Author: Graham Monteith <[email protected]>
Date: Thu Jul 2 11:42:53 2020 +0100
Add sub script 1 to value k
The formuals now have K1, kilos puchaes, and K2 kilos sold.
commit b6d2e6bdd53a95614ecc0417780085281429ee2c
Author: Graham Monteith <[email protected]>
Date: Thu Jul 2 11:35:17 2020 +0100
Appendix for sheep fattening formulas.
First commit. Base information of Revenue, Costs, Profit and Brakeven
functions.
commit 52f7568234fce66d69b2c171b034461c133d35cb
Author: Graham Monteith <[email protected]>
Date: Tue Jun 30 10:29:09 2020 +0100
Add information on the reinvestment risk.
The reinvestment risk was explicitly talked about in this section. The
reinvestment risk becomes important when discussing the risk free rate
so it makes sense to include informaton on it towards the beginning of
the document.
commit c0180da90bbe756507fc501537fb3f63f0f60a19
Author: Graham Monteith <[email protected]>
Date: Mon Jun 29 16:23:10 2020 +0100
Analysis of Bank in capital structure & CAPM
This section is very much under evolution.
Add 6 numbered points about the position of the bank as an investor in
your business.
Additional information on financial risk, CAPM and the risk free rate.
commit 793d12af820ea49cd067b992b16279f76128cd2b
Author: Graham Monteith <[email protected]>
Date: Thu Jun 18 12:10:36 2020 +0100
Add definition of an index
Stock market indexes are used as a reference for opportunity cost
without being defined.
commit 763b4a0eb96e79917832c9d4884e6fe7a0501768
Author: Graham Monteith <[email protected]>
Date: Thu Jun 18 10:55:45 2020 +0100
Greater explanation of the cost of capital.
The discount rate is one of the largest determining factors in the NPV.
Change title to focus on, "investing your capital"
Increase the number of terms that are defined, including the capital
structure and its constituent parts.
Addition on a new section on "investing in your business" which aim to
demonstrate that equity is both subordinate to debt and accepts more
risk.
Section on pricing equity in public companies. Explains in brief terms
the risk free rate, bet and market returns. Emphasis on the risk free
rate being the start and then risk premiums are stacked on top to reach
the expected return of an asset.
commit f925b87a474c30489d12d11da4b2bdbbbb1a6fa7
Author: Graham Monteith <[email protected]>
Date: Mon Jun 15 13:35:52 2020 +0100
Add additional information concerning the use of logarithms.
Better explanation of the rule of 72. Addition of information on the use
of an arbitary base to resolve for n in the TVM equation.
commit 182f5c5bfcbf0b80dad04c1bd52ec485ea3d7678
Author: Graham Monteith <[email protected]>
Date: Tue Jun 9 14:55:38 2020 +0100
Add a definition for inflaton from wiki
commit 9f68cf763fd5390044c7a2be30ce7c1caf87e2e2
Author: Graham Monteith <[email protected]>
Date: Tue Jun 9 13:56:42 2020 +0100
Add section on the acceptable rate of return