Storage Containers

A.C. = w₀L_hS_f Labour ✦281 Shadow wage w₀ ✦16 an hour × L_h 7.5 hours per tonne × skill factor S_f 2.34 S_f for industry: training ✦45,000 against ✦45,000, queue 20 hours against 48 + Σ q_iP_irλ_i Materials ✦881 Plastics: 1.05 t × $585/t × r 1.5 × border 0.96 × λ 1.00 = ✦881 + (D + M_o)α_e Capital ✦348 Depreciation and maintenance ✦240 per tonne × financing 1.45 × waste factor α_e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. α_e is 1.00 when maintenance hours and defects are on target. + Ep_e Energy ✦75 E 1,500 kWh per tonne × p_e ✦0.05 per kWh = ✦1,585

A.V. = rP*_world Accounted value ✦3,060 per tonne World price $2,000 per tonne plus freight and insurance 2% = P* $2,040 × 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. = ✦3,060

Revenue = A.V. × Q Accounted revenue ✦103 m p.a. Domestic: 33,720 t × ✦3,060 = ✦103 m = ✦103 m

Surplus = (A.V. − A.C.) × Q − levies Accounted surplus ✦49.8 m p.a. Revenue ✦103 m − cost ✦1,585 × 33,720 t = ✦49.8 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦49.8 m