Description
Return sum(quantity*price), sum(recoveredValue) and gross loss minus recovery.
Agribusiness budgets distinguish capacity, elapsed time, person-nights, physical losses, usable pack contents and moisture-normalized mass. A nominal unit cost differs from total profitability, and a cold-storage fee says nothing about actual preservation conditions. The reporting basis must match the supplied quantities.
Return sum(quantity*price), sum(recoveredValue) and gross loss minus recovery.
When to use this tool
Use Storage Loss Price Weight when checking the stated business quantity, resource, unit-cost or material-basis convention.
How to use the tool and how it works
- Enter lostQuantities, unitPrices, recoveredValues. Follow any array-alignment requirements below. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read grossLossValue, recoveredValue, netLossValue. Use the output convention below.
Require aligned nonnegative lost quantities, unit prices and recovered currency values. Return sum(quantity*price), sum(recoveredValue) and gross loss minus recovery.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| lostQuantities | Lost Quantities | Required. Array of finite number; maximum items 256. |
| unitPrices | Unit Prices | Required. Array of finite number; maximum items 256. |
| recoveredValues | Currency recoveries, not physical quantities. | Required. Array of finite number; maximum items 256. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| grossLossValue | Gross Loss Value | Required. Finite number. |
| recoveredValue | Recovered Value | Required. Finite number. |
| netLossValue | Gross currency loss minus recoveries; may be negative. | Required. Finite number. |
{
"input": {
"lostQuantities": [
2,
3
],
"unitPrices": [
5,
4
],
"recoveredValues": [
1,
2
]
},
"output": {
"grossLossValue": 22,
"recoveredValue": 3,
"netLossValue": 19
}
}Limitations and assumptions
- Recoveries are currency amounts, not recovered physical quantities; net loss can be negative and no actual claim or valuation is verified.
- 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
Use verified operating and contract records and a complete suitable budget or material assessment for actual financial, logistical or quality decisions.
References
Similar or alternative tools
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