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SIMG_SB_OIU_IND_TER - Define Industry Term Values for Pricing

SIMG_SB_OIU_IND_TER - Define Industry Term Values for Pricing

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In this IMG activity, you can define values for an industry term (such as EDQ or COPAS) that the system uses within a formula to calculate pricing.

Example of EDQ Pricing -- Entries for a Run Ticket Dated Jan 8, 2001

Reference date exit -- 201 (for run ticket date)

RDOff -- 3 (for 1st day of current month which equates to Jan 1, 2001)

Time unit of measure -- 3 for month

Period before --

Period after -- 1 (equates to Jan 31, 2001, which is one month, or time unit, after Jan 1, 2001)

With these entries, the system assumes EDQ and bases pricing on those prices in effect from Jan 1, 2001 to Jan 31, 2001.

Example of COPAS Pricing -- Entries for a Run Ticket Dated Jan 8, 2001

Reference date exit -- 201 (for run ticket date)

RDOff -- 1 (for no offset)

Time unit of measure --

Period before --

Period after --

With these entries, the system uses pricing in effect on Jan 8, 2001.

Example of Metered Sales Oil Pricing Entries for a Pipeline Metered Jan 1, 2001 to Jan 15, 2001

Reference date exit -- 200 (for sales date)

RDOff -- 1 (for no offset)

Time unit of measure -- 201 (for range)

Period before -

Period after -

With 201 (range) specified in theTime unit of measure field, the system uses both the sales from and sales to dates as the range for pricing.

Example of Natural Gas Pricing Entries

Reference date exit -- 200 (for sales date)

RDOff -- 201 (for 1st of month exact)

Time unit of measure - < leave blank>

Period before -

Period after -

With these entries, the system selects the price entered on the first day of the month. If no price exists on the first day of the month, an error occurs.






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