Decision-Aid Tools
The Department of Agricultural and Resource Economics has an extensive collection of Excel-based decision-aid tools ranging from fencing budgets calculator to replant net return calculator.
Financial Decision-Aid Tools
Monitoring the financial benchmarks of a business can assist owners and managers navigate business decisions that will contribute to the financial soundness of the operation.
Product Pricing Tool for Retail Sales
The Beef Pricing tool spreadsheet was developed to assist Tennessee retail beef producers determine the price to assign their retail meat cuts to meet customer expectations while ensuring a certain revenue level based off an estimated sales quantity. This spreadsheet should be considered a template or guide to estimating retail beef cut prices, and it should not be considered representative of all circumstances. Users of this tool are encouraged to enter information into the budget that reflects their individual situation. Using information most closely related to a particular operation will improve the decision-making process. Users of this tool should first enter the retail cuts they will be selling along with the quantity (amount produced, amount expected to sell) and then enter the costs or revenues they associate with their operation.
Released August 2024
For additional information, contact Ty Wolaver, tymwola@tennessee.edu