| # Materials (tcmpr0110m000) Use this session to view and specify materials. Double-click a record, or click New to start the Material (tcmpr0610m000) session. Related topics Material pricing – setup Generation of material content Material pricing – overview Material The substance of which an item is composed, such as wood, nylon, copper, and gold. Quantity Unit The material's quantity unit. Base Price The fundamental price of a material, which is used as a basis for computing material price surcharges. For materials with fluctuating prices, material base prices prevent high material surcharges and ensure realistic initial prices. Example For the item Copper Wire with Plastic Coating, the major part of the price includes the copper price. The minor part of the price includes the costs of the plastic coating and the production costs for coating the copper wire with the plastic. If one meter of plastic coated copper wire costs $8.00, the price parts would be as follows: One meter of copper wire (1 kg) = $6.978 Plastic coating = $0.422 Production costs = $0.600 To prevent the initial price being low with only $1.022 and the (variable) material price surcharge being high with $6.978, you can specify an (approximate) material base price for copper of $6.500. As a result, the initial price is $7.522 (0.422 + 0.600 + 6.500) and the material price surcharge is $0.478 (6.978 - 6.500), which represent more realistic figures. Currency The currency in which the material base price is expressed. Default value Reference currency Price Unit The material's price unit. Note An approved conversion factor must exist between the Price Unit and the Quantity Unit in this session. Related topics Defining units To use conversion factors Generate Item Material Content Starts the Generate Item Material Content (tcmpr0220m000) session. |