Asphalt and Concrete Manufacturing

I am modeling the impacts of a new asphalt and concrete manufacturing facility.  The facility will, at full production, produce per year:

  • 300,000 tons of asphalt
  • 200,000 cubic yards of concrete
  • 200,000 tons of recycled concrete and asphalt
  • Enough imported material to sell 200,000 tons of raw aggregate.

The anticipated volume of aggregate sales is 200,000 tons per year.

Should I use "Industry Output" - defining value by (1) total sales revenue or (2) sales plus a change in inventory?  If sales plus change in inventory - how do I quantify the change in inventory and what is the purpose of quantifying inventory changes?

 

Thank you,

 

  

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  • Hi Greg!

    Great question. In IMPLAN, Output includes unsold production (and also excludes sold inventory). So, the total Output (sales) you run through the model should include everything that was produced in the year you are modeling. 

    Candi

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