The ideal situation is to test your forage and have your ration balanced. The reality is most folks don't, or their feed company is reluctant to, because you are not buying enough additives. I usually go with cob corn, a mineral mix, and up to 5% molasses.
I have tried initial (at turnout) stocking rates between 527 and 897 pounds per acre. I have had gain per acre between 204 and 823 pounds. I think it takes some effort, some rain, and some good sod to get over 300 pounds of gain per acre in the midwest. The lowest stocking rate gave good animal performance w/o supplementing, but it also gave a modest return per acre. The highest stocking rate was supported by supplementing with $1.50 corn, and it is clearly not recommended in 2007. For me at current prices - - about 600 pounds per acre seems to be the sweet spot. There is some Missouri data on the web that comes with with a similiar stocking recommendation. You could run some kind of computor program to optimize size, stocking rate, gain... but Mother Nature usually throws you a curve of two each year.
I try to be a little cattle heavy in the spring and then sell some if neccessary in July or August. How many depends on the weather and the price of supplement. These short term "double stocked" cattle have been profitable since I buy cutter bulls low, and heavy feeders as usually high priced in late summer. These are the "rough" cattle most folks don't want but they good pretty good after three trips through the chute and 100 days of MIG. It may be my ego, but I sense that most of them are very very happy with the kind of care received at their new location. About one in thirty of these cutter bulls will be a head case that either tests your fences or tries to grind you into the ground.