MillMint -millmint
NEW πŸ“—Story: Caffeine ❌

Machine Tools

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Factbook F-243161
Machine Tools Tier 3 Machinery
Production92,730 units p.a.
Exports8,430 units
Value per unit✦28,800
Revenue✦2.67 bn
Value added✦2.21 bn
Surplus✦1.42 bn
  • Per unit:
  • Labour ✦3,746 (Sf 2.34)
  • Materials ✦4,615
  • Capital ✦4,350
  • Energy ✦400
  • Surplus ✦15,690

Whole chain per unit: 112 labour hours, 11,610 kWh.

Formula

A.C. = w0LhSf Labour ✦3,746 Shadow wage w0 ✦16 an hour Γ— Lh 100 hours per unit Γ— skill factor Sf 2.34 Sf for industry: training ✦45,000 against ✦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials ✦4,615 Electronic Components: 50 kg Γ— $31,000/t Γ— r 1.5 Γ— border 0.99 Γ— Ξ» 1.00 = ✦2,301 Steel: 5 t Γ— $332/t Γ— r 1.5 Γ— border 0.93 Γ— Ξ» 1.00 = ✦2,315 + (D + Mo)Ξ±e Capital ✦4,350 Depreciation and maintenance ✦3,000 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 ✦400 E 8,000 kWh per unit Γ— pe ✦0.05 per kWh = ✦13,110

A.V. = rP*world Accounted value ✦28,800 per unit World price $20,000 per unit less freight and insurance 4% = P* $19,200 Γ— r 1.5 crowns per US dollar Export parity: the price at the Commonwealth border for a good it sells abroad. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦28,800

Revenue = A.V. Γ— Q Accounted revenue ✦2.67 bn p.a. Domestic: 84,300 units Γ— ✦28,800 = ✦2.43 bn Exports: 8,430 units Γ— ✦28,800 = ✦243 m = ✦2.67 bn

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦1.42 bn p.a. Revenue ✦2.67 bn βˆ’ cost ✦13,110 Γ— 92,730 units = ✦1.46 bn Export charges ✦36.4 m: 15% of export revenue (federal levy and permit fee) Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦1.42 bn

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made in

Barbados 33.3% Kairi 33.3% Oslola 33.3%

Made by

Inputs

Steel ✦215 m Electronic Components ✦213 m

Output

Final domestic use ✦2.43 bn

Made from per unit

Used in p.a.

  • Final domestic use 84,300 units ✦2.43 bn 90.9%
  • Exports 8,430 units ✦243 m 9.09%