The substance of which an item is composed, such as wood, nylon, copper, and gold.
Material (tcmpr0610m000)Use this session to view, specify, and update a material and the related material information. You can also access this session using the Materials (tcmpr0110m000) overview session. To start the session, double-click a record, or specify a new material. Tabs
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:
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 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.
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