Center for Analysis and Design of Intelligent Agents

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• Fixed variables that depend on the Industry
• Fixed Costs (kr ? \$)
• Revenues per unit (kr ? \$)
• Cost of inputs per unit (kr ? \$)
• Carbon released per unit (g ?)usually used 1000 tonn units.
• Module independent fixed variables
• Production capacity (Units) What is the definition if Unit?
• Nr of units sold /Not carbon (Number) Assume everything gets sold.
• Orginal equations
• Profit = (Revenues per unit - Cost per unit) * Nr of units sold - Fixed costs (kr ? \$)
• Cost per unit = Cost of inputs per unit + Carbon release per unit * Cost of Carbon (kr ? \$)
• Other equations
• Cost of Carbon = (Cost of Carbon * Carbon units owned + Cost of bought Carbon * unit bought)/(Carbon units owned + units bought)
• Max Units Produced with owned Carbon = owned Carbon / Carbon released per unit
• Max Carbon usage = Carbon release per unit * Production capacity
• Nr of units sold = min(Max Units Produced with owned Carbon , Production capacity, demand)
• If (Max Carbon usage > Owned carbon) Buy difference (Units)
• If (Max Carbon usage < Owned carbon) Sell difference (Units)
• If (Carbon release per unit * Cost of Carbon > Revenues per unit - Cost per unit) Sell
• Pays better off to sell the quota than to produse units.

Units 1000 tons of CO2 equivalent values.

• Definition of units by sectors
• Fish = Tons (of fish!)
• Road = number of cars
• Air = number of seats
• Heavy = Tons of production
• Agriculture = Tons of produced things.
• Fixed revenue curve !!!!! (x + b(a - y)/y) * random !!!!!! tweek this around
• x = fixed number for each industry.
• y = number of units sold.
• a = turning value
• b = number to make the number of units matter more.

.

• Revenues per unit by sectors
• Fish = 67.277.674.000/ 1.885.989 = 35.672 kr.
• Road = 111.147 kr. (!!MIÐAÐ VIÐ HÖFÐATÖLU!!)
• Heavy = 41.648.700.000 /286.022 = 145.613 kr
• Agriculture = 248.162 kr (2003 per tonn) – (Estimated from table 8.11 in “framleiðsla búvara” and 12,5 in “rekstrar og efnahagsyfirlit” on hag.is)
• Fixed Costs ( for the profit calculations) ??How can we find this??
• Fish = 20.482.000.000
• Air = 1.220.000.000
• Heavy = 24.220.000.000 ??? (Assummption 36% of revenue)
• Agriculture = 3.982.694.000 (Have only found numbers about cattle and sheep production)
• Carbon release per unit ( Calculate this when we have found the units!!)
• Fish = 841.000/1.885.989 = 0,45 http://www.fiskistofa.is/get_page.php?page=63
• Road = 667.000/189.813 = 3,51
• Air = 43.000/373.728 = 0,11
• Agriculture = 500.000/178.589 = 2,8 – ( The estimated total amount calculated from table 8.11 in “framleiðsla búvara” on hag.is)
• Production (2003-2004)
• Fish = 1.885.989 tons
• Road = 189.813 number of cars
• Air = 373.728 number of passengers
• Heavy = 286.022 tons
• Agriculture = 178.589 tons