Service Quote to Reference Value Screen
Compare a service quote with a caller-defined reference value and explicit percentage ceiling; no universal service-cost-to-value heuristic is applied.
Description
A service quote can be expressed as a percentage of a reference value to support a caller’s budget comparison.
A service quote can be expressed as a percentage of a reference value to support a caller’s budget comparison. Its margin is in percentage points.1
Compare a service quote with a caller-defined reference value and explicit percentage ceiling; no universal service-cost-to-value heuristic is applied.
When to use Service Quote to Reference Value Screen
Use this tool to compare a service quote with a caller-defined reference value and explicit percentage ceiling; no universal service-cost-to-value heuristic is applied.
Choose a supported lookup focus or prepare the measured values, documented evidence and caller-selected limits requested. Use the exact field names and confirm their units or date format.
How to use Service Quote to Reference Value Screen and understand its results
- Choose a supported lookup focus or prepare the measured values, documented evidence and caller-selected limits requested. Use the exact field names and confirm their units or date format.
- Enter maximumAllowedPercentOfReferenceValue, quotedServiceCost, referenceValue using the field table and calculation rules, then run the tool.
- Read costPercentOfReferenceValue, percentagePointHeadroom, withinCallerPercentage. The explanation below defines the units, signs, ordering and any flags or placeholder values.
- If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
| Input field | Meaning | Value type; see rules below | Requirement |
|---|---|---|---|
| maximumAllowedPercentOfReferenceValue | Maximum allowed service-cost percentage (%) | number; minimum: 0 | Required |
| quotedServiceCost | Quoted service cost | number; minimum: 0 | Required |
| referenceValue | Caller-defined reference value | number; minimum: 0 | Required |
Enter nonnegative quote/maximum percentage and strictly positive reference value on the same currency basis. Return percentage, signed headroom and inclusive cost≤maximum flag. The percentage maximum may exceed 100.
cost%=100quote/reference; headroom=maximum−cost% Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| costPercentOfReferenceValue | Service cost as percent of reference value (%) | number; minimum: 0 |
| percentagePointHeadroom | Percentage-point headroom (percentage point) | number |
| withinCallerPercentage | Within caller percentage | boolean |
{
"input": {
"maximumAllowedPercentOfReferenceValue": 25,
"quotedServiceCost": 1200,
"referenceValue": 5000
},
"output": {
"costPercentOfReferenceValue": 24,
"percentagePointHeadroom": 1,
"withinCallerPercentage": true
}
}Limitations and assumptions
No market appraisal, service quality, scope, return on investment or repair recommendation is supplied.
Numeric inputs must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors. A successfully returned false flag is an evaluated outcome; its meaning is explained above.
Alternative or Complementary methods
Use Vintage Service Schedule Budget Planner: Plan service timing and budget from a caller-specified interval and quote; no universal vintage overhaul interval is asserted. For a complementary task, use Watch Appraisal Age Threshold Screen: Screen an appraisal's age against an explicit policy limit; no universal insurance update interval is assumed.
References
-
Service Quote to Reference Value Screen — tool.io
Similar or alternative tools
- Vintage Service Schedule Budget Planner
Plan service timing and budget from a caller-specified interval and quote; no universal vintage overhaul interval is asserted.
- Watch Appraisal Age Threshold Screen
Screen an appraisal's age against an explicit policy limit; no universal insurance update interval is assumed.