Abstract | Although improvement in quality of commodity produced is one of the principal objectives in all lines of business, control of cost of production usually goes hand in hand with such an aim in any successful business enterprise. Leading cattlemen of the Southwest have discovered, during the lean years since the World War, that a speaking acquaintance must at all times be maintained with Cost of Production if profit is to be realized. During this period, sharp competition for range entered the field and this, with low cattle prices prevailing most of the time, has forced the industry to adopt more intensive methods with closer study of investments and returns by operators. |