- **Algebra**
(*http://mymathforum.com/algebra/*)

- - **Sales price calculation**
(*http://mymathforum.com/algebra/42334-sales-price-calculation.html*)

Sales price calculationHey, For you guys this is probably peanuts: I have this formula in an IT application I am designing. It is used to calculate sales prices for materials: (( TMC + ( O * S ) ) * M ) * T ) = S TMC = Total manufacturing costs = e.g. 720 is given O = overhead percentage of sales price is given = e.g 25% S = Sales price we are calculating here M = Market uplift on total costs = E.g is given factor 3,00 but can be changed, with this we multiply our total costs to add margin T= Transport upcharge is given: E.g. 1,06 Now to calculate S we can deduct this: S = T * M * TMC / (1 - ( T * M * O)) Great the solutions I find with this formula are correct BUTTTT When T * M * O > 1 the solution will be negative, we will not sell something for - so much euro. What am I doing wrong? Thank you so much in advance, Michaël |

Re: Sales price calculationQuote:
Can you provide an ACTUAL example? Could you use a decimal POINT instead of that funny "," you guys use :P Like 2.25, not 2,25. By the way, do you show 1,25 / 100 as ,125? YUK! |

Re: Sales price calculation,0125 :P :) |

Re: Sales price calculationThanks Greg...10 minutes in the corner for me... :( |

Re: Sales price calculationThat's o.k. I've been keeping it warm for you. :D |

Re: Sales price calculationQuote:
Including the solutions you think are correct... OK; using your illustration (changing TMC to C and O to V): C = Total manufacturing costs: example 720 V = overhead percentage of sales price: example 25% M = Market uplift on total costs: example 3% T = Transport upcharge: example 1.06% S = Sales price. Equation should be (assuming M and T are percentages): S = C + C*(M + T) + S*V Solving: S - S*V = C*(1 + M + T) S(1 - V) = C*(1 + M + T) S = C*(1 + M + T) / (1 - V) So program should look like: C = 720 : V = .25 : M = .03 : T = .0106 ' givens S = C*(1 + M + T) / (1 - V) PRINT.....whatever.... This will be the result: Code: `Manufacturing : 720.00` |

All times are GMT -8. The time now is 03:03 AM. |

Copyright © 2019 My Math Forum. All rights reserved.