Read more: Federal Quantum Timing System
- Per unit:
- Labour β¦18.7 (Sf 2.34)
- Materials β¦3.5
- Capital β¦6.96
- Energy β¦0.5
- Surplus β¦17.1
Whole chain per unit: 0.501 labour hours, 11.5 kWh.
Formula
A.C. = w0LhSf Labour β¦18.7 Shadow wage w0 β¦16 an hour Γ Lh 0.5 hours per unit Γ skill factor Sf 2.34 Sf for industry: training β¦45,000 against β¦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials β¦3.5 Copper: 500 g Γ $4,500/t Γ r 1.5 Γ border 1.01 Γ Ξ» 1.00 = β¦3.42 Timber: 1 kg Γ $75/t Γ r 1.5 Γ border 0.72 Γ Ξ» 1.00 = β¦0.0814 + (D + Mo)Ξ±e Capital β¦6.96 Depreciation and maintenance β¦4.8 per unit Γ financing 1.45 Γ waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy β¦0.5 E 10 kWh per unit Γ pe β¦0.05 per kWh = β¦29.7
A.V. = rP*world Accounted value β¦46.8 per unit World price $30 per unit plus freight and insurance 4% = P* $31.2 Γ r 1.5 crowns per US dollar Import parity: the price at the Commonwealth border for a good it could otherwise import. Observed abroad, not calculated: a wasteful producer raises only its own cost. = β¦46.8
Revenue = A.V. Γ Q Accounted revenue β¦19.7 m p.a. Domestic: 421,500 units Γ β¦46.8 = β¦19.7 m = β¦19.7 m
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦7.21 m p.a. Revenue β¦19.7 m β cost β¦29.7 Γ 421,500 units = β¦7.22 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦7.21 m
Made in
Made by
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Federal Timekeeping
- General Chronometer
- Orchard & Rhodes
- Quartz
Inputs
Output