Description
Adjust unit price by (measured-reference)*pointPrice and multiply by quantity.
Agribusiness records use explicit price bases, commissions, returns, minimum charges, credits and tax assumptions. A supplied arithmetic rule can reconcile a scenario while actual acceptance, contractual rights and legal liability require the governing agreement. Signed residual balances can be useful evidence of overpayment or inconsistent inputs.
Adjust unit price by (measured-reference)*pointPrice and multiply by quantity.
When to use this tool
Use Grain Delivery Test Weight Price Term when checking the stated caller-defined price, fee, return or settlement convention.
How to use the tool and how it works
- Enter quantity, baseUnitPrice, measuredTestWeight, referenceTestWeight, pricePerWeightPoint. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read unitAdjustment, adjustedUnitPrice, total. Use the output convention below.
Require nonnegative quantity, base price, measured/reference test weights and price per weight point. Adjust unit price by (measured-reference)*pointPrice and multiply by quantity.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| quantity | Quantity | Required. Finite number; minimum 0. |
| baseUnitPrice | Base Unit Price | Required. Finite number; minimum 0. |
| measuredTestWeight | Measured Test Weight | Required. Finite number; minimum 0. |
| referenceTestWeight | Reference Test Weight | Required. Finite number; minimum 0. |
| pricePerWeightPoint | Currency per output unit per one unit of the stated test-weight coordinate. | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| unitAdjustment | Unit Adjustment | Required. Finite number. |
| adjustedUnitPrice | Adjusted Unit Price | Required. Finite number. |
| total | Total | Required. Finite number. |
{
"input": {
"quantity": 100,
"baseUnitPrice": 20,
"measuredTestWeight": 78,
"referenceTestWeight": 75,
"pricePerWeightPoint": 0.5
},
"output": {
"unitAdjustment": 1.5,
"adjustedUnitPrice": 21.5,
"total": 2150
}
}Limitations and assumptions
- Adjusted price and payment can be negative; the test-weight unit and linear pricing schedule are supplied, not a grain grade or legal contract.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Inspect original transaction records and applicable contracts/tax rules with the responsible financial/legal professionals for actual settlement or enforcement.
References
Similar or alternative tools
- Produce Grade Premium Price Base
Add either basePrice*premium or the absolute premium to basePrice according to premiumIsFraction, then multiply by acceptedQuantity.
- Livestock Feed Contract Basis Gap
Observed basis=local-reference price, basis gap=observed-contractedBasis and valueGap=gap*quantity.