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Wristwatches

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Factbook F-243161
Read more: Federal Quantum Timing System
Wristwatches Tier 3 Instruments
Production421,500 units p.a.
Exports0 units
Value per unit✦156
Revenue✦65.8 m
Value added✦65.4 m
Surplus✦40.4 m
  • Per unit:
  • Labour ✦37.5 (Sf 2.34)
  • Materials ✦0.341
  • Capital ✦21.8
  • Energy ✦0.5
  • Surplus ✦96

Whole chain per unit: 1 labour hours, 10.2 kWh.

Formula

A.C. = w0LhSf Labour ✦37.5 Shadow wage w0 ✦16 an hour Γ— Lh 1 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 ✦0.341 Copper: 10 g Γ— $4,500/t Γ— r 1.5 Γ— border 1.01 Γ— Ξ» 1.00 = ✦0.0685 Glass: 10 g Γ— $315/t Γ— r 1.5 Γ— border 0.93 Γ— Ξ» 1.00 = <✦0.01 Leather: 20 g Γ— $6,000/t Γ— r 1.5 Γ— border 1.01 Γ— Ξ» 1.00 = ✦0.182 Nickel: 5 g Γ— $8,500/t Γ— r 1.5 Γ— border 0.99 Γ— Ξ» 1.00 = ✦0.063 Steel: 50 g Γ— $332/t Γ— r 1.5 Γ— border 0.93 Γ— Ξ» 1.00 = ✦0.0232 + (D + Mo)Ξ±e Capital ✦21.8 Depreciation and maintenance ✦15 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 ✦0.5 E 10 kWh per unit Γ— pe ✦0.05 per kWh = ✦60

A.V. = rP*world Accounted value ✦156 per unit World price $100 per unit plus freight and insurance 4% = P* $104 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. = ✦156

Revenue = A.V. Γ— Q Accounted revenue ✦65.8 m p.a. Domestic: 421,500 units Γ— ✦156 = ✦65.8 m = ✦65.8 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦40.4 m p.a. Revenue ✦65.8 m βˆ’ cost ✦60 Γ— 421,500 units = ✦40.4 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦40.4 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made in

Tenerife 14.3% Velas 14.3% Kairi 14.3% Nassau 14.3% Summers 14.3% Java 14.3% Oslola 14.3%

Made by

  • Federal Timekeeping
    • Africa
    • Atlantic Movements
    • General Chronometer
    • Halibut
    • Orchard & Rhodes
    • Quartz
    • Tenerife Workshop

Inputs

Leather ✦76,882 Copper ✦28,864 Nickel ✦26,533 Steel ✦9,758 Glass ✦1,845

Output

Final domestic use ✦65.8 m

Made from per unit

Used in p.a.

  • Final domestic use 421,500 units ✦65.8 m 100%