Parameters

Treatments

T1

T2

T3

T4

T5

Number of sheep

5

5

5

5

5

Purchasing price of sheep

850

840

826

840

826

Total basal DM intake(kg/sheep)

61

54

55

51

49

Wheat bran DM intake(kg/sheep)

-

24

17

7

-

Noug seed cake DM intake(kg/sheep)

-

12

8

4

-

Grass pea hull DM intake(kg/sheep)

-

11

25

36

Total concentrate DM intake(kg/sheep)

-

36

36

36

36

Cost of basal diet (ETB/head)

94.55

84

85

80

76

Cost of wheat bran (ETB/head)

-

108

76

32

-

Cost of noug seed cake (ETB/head)

-

64

45

19

-

Cost of grass pea hull (ETB/head)

-

-

48

111

158

Total cost of concentrate (ETB/head)

172

168

162

158

Total variable cost (ETB/head)

95

259

253

242

235

Selling price of sheep (ETB/head)

835

1220

1310

1170

1140

Total return (ETB/head)

−15

380

484

330

314

Net return(ETB/head

−110

121

231

88

80

Change in net return (ETB/head)

231

341

198

189

Change in total variable cost

164

158

147

140

Marginal rate of return(ΔNR/ΔTVC)

1.40

2.15

1.34

1.35