Siefkas, R., authorBentz, E., authorBlake, K., authorPlatt, T., authorValko, J., authorHadrich, J., authorDepartment of Agricultural and Resource Economics, Colorado State University, publisher2017-12-062017-12-062017-09https://hdl.handle.net/10217/185380September 2017.In the production cycle of a cow-calf enterprise, the producer will face the decision of replacing their older cows. The producer deciding to replace older cows with heifers has the following options: raise their own replacement heifers, buy open heifers and breed them, or buy bred heifers. The options vary in price, timing, and expense. The tool created is a cost-effective analysis between the three options: buying bred, buying open, or raising their own heifers.born digitalreportsengCopyright and other restrictions may apply. User is responsible for compliance with all applicable laws. For information about copyright law, please see https://libguides.colostate.edu/copyright.heifer replacementbudgetsEnterprise BudgetText