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Millet

Millet Raw material Grains
Production56,200 t p.a.
Exports0 mg
Value per tonne✦257
Revenue✦14.5 m
Value added✦14.2 m
Surplus✦9.05 m
  • Per tonne:
  • Labour ✦44.3 (Sf 1.85)
  • Materials ✦0
  • Capital ✦47.9
  • Energy ✦4
  • Surplus ✦161

Whole chain per tonne: 1.5 labour hours, 80 kWh.

Formula

A.C. = w0LhSf Labour ✦44.3 Shadow wage w0 ✦16 an hour Γ— Lh 1.5 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 ✦47.9 Depreciation and maintenance ✦33 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 ✦4 E 80 kWh per tonne Γ— pe ✦0.05 per kWh = ✦96.1

A.V. = rP*world Accounted value ✦257 per tonne World price $150 per tonne plus freight and insurance 14.3% = P* $171 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. = ✦257

Revenue = A.V. Γ— Q Accounted revenue ✦14.5 m p.a. Domestic: 56,200 t Γ— ✦257 = ✦14.5 m = ✦14.5 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦9.05 m p.a. Revenue ✦14.5 m βˆ’ cost ✦96.1 Γ— 56,200 t = ✦9.06 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦9.05 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Output

Final domestic use ✦14.5 m

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.

  • Final domestic use 56,200 t ✦14.5 m 100%