NEW πŸ“—Story: Caffeine ❌

Milk

Milk Raw material Animal Products
Production5.62 million t p.a.
Exports0 mg
Value per tonne✦318
Revenue✦1.79 bn
Value added✦1.77 bn
Surplus✦1.19 bn
  • Per tonne:
  • Labour ✦59.1 (Sf 1.85)
  • Materials ✦0
  • Capital ✦43.5
  • Energy ✦3
  • Surplus ✦212

Whole chain per tonne: 2 labour hours, 60 kWh.

Formula

A.C. = w0LhSf Labour ✦59.1 Shadow wage w0 ✦16 an hour Γ— Lh 2 hours per tonne Γ— skill factor Sf 1.85 Sf for agriculture: training ✦30,000 against ✦45,000, queue 10 hours against 48 + Ξ£ qiPirΞ»i Materials ✦0 A raw material, with no recipe inputs. + (D + Mo)Ξ±e Capital ✦43.5 Depreciation and maintenance ✦30 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 ✦3 E 60 kWh per tonne Γ— pe ✦0.05 per kWh = ✦106

A.V. = rP*world Accounted value ✦318 per tonne World price $190 per tonne plus freight and insurance 11.5% = P* $212 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. = ✦318

Revenue = A.V. Γ— Q Accounted revenue ✦1.79 bn p.a. Domestic: 5.62 million t Γ— ✦318 = ✦1.79 bn = ✦1.79 bn

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦1.19 bn p.a. Revenue ✦1.79 bn βˆ’ cost ✦106 Γ— 5.62 million t = ✦1.19 bn Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦1.19 bn

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.