is there a "magic" level of funding for industry e

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vorius
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is there a "magic" level of funding for industry e

#1 Post by vorius » Mar 28 2008

is there a point in the funding of an industry's efficiency where it reaches maximum cost-benefit? A point at which if you invested anymore you'd be basically just wasting your money, and if you invested less you'd be wasting possible production?

I guess I am assuming that it scales on a diminishing return type of model, where investing 100% into an industry would not be wise because you spend so much extra money to get very little extra gain

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Legend
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#2 Post by Legend » Mar 28 2008

you are correct on finding diminishing returns at higher levels of investment. that is the case for many areas of spending in your government. We use many logarithmic curves to calculate effects.

as for a sweet point... perhaps someone can share their leadership/ruler experience to answer this question?

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Lightbringer
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#3 Post by Lightbringer » Mar 28 2008

Vorius-

Yes indeed there is a "sweet spot" for industrial efficiency spending. Unfortunately, it is different for each country, and different for the same country depending on the economic circumstance. It is also different for each individual resource depending on what your supply looks like, and what you want to do with it (export/cover population use etc.). You will have to do the math and figure in your own regions situation, and your own overall goals. Personally, I just plug Paul Li into my production minister slot and leave him alone.

2010 is like that in many areas. It is one reason the game is very re-playable, rules and tricks for running one country do not always work well running a different region. As with other situations within 2010, the best advice I can give you is to play around with it. Experiment and discover what works best for you. There might be a situation where you need the cash more than the production boost, or vice versa.

-Light

P.S. Oh!, You wanted the short answer! Best guesstimate I can give confidently is somewhere between 60%-70%. Mileage may vary! :P
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” -Winston Churchill

TigerPJM
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#4 Post by TigerPJM » Apr 29 2008

Are any Efficiency Investment you make factored into the cost per unit?
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Lightbringer
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#5 Post by Lightbringer » Apr 30 2008

Yes, I believe it is. The trick is finding the break-even point where the increased production is overshadowed by the growing cost. That is why I usually leave it to the AI Minister.

-Light
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” -Winston Churchill

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Feltan
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#6 Post by Feltan » Apr 30 2008

I take a slightly different approach. As leader of my country, the first thing I do is zero out all subsidies to industry. I don't want to promote a pinko-commie reliance on the government to bail them out. :lol:

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Feltan
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