|
The combination of resources (raw material, labor, capital)called inputs. Inputs are required to achieve desired production
goals called outputs.
IO-analysis in monetary terms has been introduced by Leontief and carried out for economic studies since the 1930s (Leontief,
1936). Since the late 1960s input-output methods have also been used to describe and analyse the economy-environment relationship.
These models are regarded as powerful tools, in particular for applications on the international level.
Raw materials, water, and air are extracted from the natural system as inputs, transformed into products and finally re-transferred
to the natural system as outputs (waste and emissions). One of the most important applications of input-output analysis is
the calculation of total input requirements for a unit of final demand. By doing so, one can assess not only the direct requirement
in the production process of the analysed sector itself, but also all indirect requirements resulting from intermediate product
deliveries from other sectors.
In this task, we are going to analyse Mariachi company by using Input-output modle.
Mariachi company is a Finnish company offering comprehensive services for machinery and equipment manufacturers enabling
them to utilise modern electronics in their products.
Here we use a simple Input-output model to analyse.
|
