To function, a printer needs supplies such as ink cartridge, toner and paper.
Input is an economic concept that allows us to name a good that is used in the production of other goods. According to the context, it can be used as a synonym for raw material or production factor .
Due to their own characteristics, inputs usually lose their properties to be transformed and become part of the final product. It can be said that an input is something that is used in the production process to produce a good. The input, therefore, is used in an activity that aims to obtain a more complex or different good , after having been subjected to a series of specific techniques.
For example: in the manufacture of a wooden table, nails, glue and varnish are inputs. The manufacturer needs these products for the production of the table which, without the inputs, cannot exist.
The concept in gastronomy and computing
Inputs are also the ingredients that are used in a gastronomic recipe. The ingredients for bread include flour, water , yeast and salt. A sauce, on the other hand, requires various ingredients (such as tomatoes, onion, pepper, garlic, cream, etc.).
The notion of inputs is very common in the field of computing . A printer requires multiple supplies to operate, such as ink cartridges, toners, and reams of paper.
The value of inputs depends on their specificity. If an input is generic and can be used in different production processes, it is likely that its value will be low. On the other hand, if the input is difficult to obtain and is used for a particular product, its value increases.
Input Product Matrix
Known as the input-product matrix (also written input-product or with the acronym MIP ), it is a record of the transactions carried out by the various production sectors to satisfy demand with final and intermediate goods (the latter are used during production). own manufacturing).
Thanks to it, it is possible to study the relationship that exists between the productive sectors, and the consequences, both direct and indirect, of an increase in final demand. In other words, based on the increase of one of them in particular, it allows you to calculate the total .
Screws are inputs that allow you to make numerous objects.
Where IPM is used
It is used in the following areas:
* business decisions : MIP offers entrepreneurs who do not have much knowledge about the activities that their buyers carry out with third parties a detailed description of the path that services and goods take until they reach final demand. In addition, it provides you with a relative participation in the branch to which your company belongs, expanding your possibilities to expand;
* employment policies : in the same way that MIP serves to measure the direct and indirect repercussions of changes in final demand in a production process, it can be used to study the impact of decisions related to the reduction of unemployment. When a particular activity expands, both public and private, this phenomenon affects other sectors linked to it, and MIP allows the total growth to be calculated based on that of any of them;
* projections related to foreign trade : when the balance of payments restricts economic policy in some way, it is possible to determine the import volume using input-output calculations. In this way, direct and indirect demand is obtained, belonging to the sectors that have some type of relationship with imports. On the other hand, MIP also serves to analyze exports and their inputs, whether direct or indirect, national or imported;
* analysis of costs and prices : thanks to MIP it is possible to study the impact that changes in the prices of goods and services, or tax rates, have on the economy.