parameter

Dictates the characteristics of the formula. The characteristics could be the percentage of sodium, the pH level, the boiling point, the cost, the drying time, or the SPF level. It is also known as technical parameters. The parameters of a formula are derived from the parameters of the items. Parameter values change when the item values change. The four types of parameters are: rollup (values pulled up and possibly scaled from the formula’s items), cost (values derived from item and byproduct costs), informational (not rolled up and scaled but can be used in calculations), and equation total (values calculated from values of other parameters).