Calculation of output: the case of distributors - The following are the simplified data for a retail chain in dollar: sales: 4,567,800; total purchases: 4,120,500 (of which, goods for resale: 3,987,350); inventories of goods for resale at start of period: 476 000; at end of period: 548,400; inventories of materials at start of period: 120; at end of period: 3,250. Calculate the output, the intermediate consumption and the value added. Inflation is assumed to be negligible.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Calculation of output: the case of distributors - The following are the simplified
data for a retail chain in dollar: sales: 4,567,800; total purchases: 4,120,500 (of
which, goods for resale: 3,987,350); inventories of goods for resale at start of
period: 476 000; at end of period: 548,400; inventories of materials at start of
period: 120; at end of period: 3,250. Calculate the output, the intermediate
consumption and the value added. Inflation is assumed to be negligible.
Transcribed Image Text:Work out this questions Calculation of output: the case of distributors - The following are the simplified data for a retail chain in dollar: sales: 4,567,800; total purchases: 4,120,500 (of which, goods for resale: 3,987,350); inventories of goods for resale at start of period: 476 000; at end of period: 548,400; inventories of materials at start of period: 120; at end of period: 3,250. Calculate the output, the intermediate consumption and the value added. Inflation is assumed to be negligible.
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