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Cutlery

Read more: National Design Atlas
Cutlery Tier 2 Household
Production16,860 t p.a.
Exports0 mg
Value per tonne✦7,605
Revenue✦128 m
Value added✦101 m
Surplus✦59.5 m
  • Per tonne:
  • Labour ✦1,498 (Sf 2.34)
  • Materials ✦1,470
  • Capital ✦957
  • Energy ✦150
  • Surplus ✦3,529

Whole chain per tonne: 40.8 labour hours, 4,350 kWh.

Formula

A.C. = w0LhSf Labour ✦1,498 Shadow wage w0 ✦16 an hour Γ— Lh 40 hours per tonne Γ— skill factor Sf 2.34 Sf for industry: training ✦45,000 against ✦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials ✦1,470 Nickel: 80 kg Γ— $8,500/t Γ— r 1.5 Γ— border 0.99 Γ— Ξ» 1.00 = ✦1,007 Steel: 1 t Γ— $332/t Γ— r 1.5 Γ— border 0.93 Γ— Ξ» 1.00 = ✦463 + (D + Mo)Ξ±e Capital ✦957 Depreciation and maintenance ✦660 per tonne 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 ✦150 E 3,000 kWh per tonne Γ— pe ✦0.05 per kWh = ✦4,076

A.V. = rP*world Accounted value ✦7,605 per tonne World price $5,000 per tonne plus freight and insurance 1.4% = P* $5,070 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. = ✦7,605

Revenue = A.V. Γ— Q Accounted revenue ✦128 m p.a. Domestic: 16,860 t Γ— ✦7,605 = ✦128 m = ✦128 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦59.5 m p.a. Revenue ✦128 m βˆ’ cost ✦4,076 Γ— 16,860 t = ✦59.5 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦59.5 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Output

Final domestic use ✦128 m

Made from per tonne

Used in p.a.

  • Final domestic use 16,860 t ✦128 m 100%