===================================================================
| POUNDS | PER CENT | POUNDS OF | VALUE OF |
PATRON | OF MILK | OF FAT IN | FAT | POUND OF | AMOUNT DUE
| DELIVERED | MILK | DELIVERED | FAT | EACH PATRON
-------+-----------+-----------+-----------+----------+------------
A | 100 | 3.0 | 3.0 | $.5299 | $1.58
B | 100 | 3.5 | 3.5 | .5299 | 1.85
C | 100 | 4.0 | 4.0 | .5299 | 2.12
D | 100 | 4.5 | 4.5 | .5299 | 2.38
E | 100 | 5.0 | 5.0 | .5299 | 2.65
===================================================================
+324. Weight basis or pooling method for payment of milk.+--By this
system, each patron would receive an equal price for 100 pounds of milk.
If the same supposition is taken as before, there would be 500 pounds of
milk delivered and the cheese sold for $10.59; each 100 pounds of milk
would be worth $2.12. As each patron delivered an equal weight of milk,
each would receive an equal amount of money, or $2.12.
+325. Fat-plus-two method for payment of milk.+--Some workers have
thought that by adding two to the fat test, the division of money would
be more nearly the true cheese-producing value of the milk. The amount
due each patron is figured as in the fat basis, except that two is added
to the fat test and this is used as the basis of division. If the same
suppositions were used as before, each patron would receive the amount
shown in Table XXVIII.
+326. Comparison of methods.+--The best way to judge the different
methods of paying for milk is to compare them with the true value based
on the actual cheese yield as shown in Table XXIX.
TABLE XXVIII
SHOWING PAYMENTS FOR MILK BY FAT-PLUS-TWO METHODS
===========================================================================
PATRON | POUNDS | PER CENT | FAT PLUS | POUNDS | VALUE OF | AMOUNT
| OF MILK | OF FAT IN | TWO | OF FAT | POUND OF | DUE EACH
| DELIVERED | MILK | | DELIVERED | FAT | PATRON
-------+-----------+-----------+----------+-----------+----------+---------
A | 100 | 3.0 | 5.0 | 5.0 | $.353 | $1.76
B | 100 | 3.5 | 5.5 | 5.5 | .353 | 1.94
C | 100 | 4.0 | 6.0 | 6.0 | .353 | 2.12
D | 100 | 4.5 | 6.5 | 6.5 | .353 | 2.29
E | 100 | 5.0 | 7.0 | 7.0 | .353 | 2.47
===========================================================================
TABLE XXIX
SHOWING THE COMPARISON OF THE DIFFERENT METHODS
OF PAYING FOR MILK AT CHEESE FACTORIES
Public-domain text, read in full here on John Shaqi.
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