Cost of executing a production plan at a given vendor's rate.
Expression
Estimated_cost = Vendor_rate_per_m × Plan_quantity_mInputs
Vendor_rate_per_m
₹/m
Plan_quantity_m
m
Output
Estimated_cost
₹
Worked Example
Vendor_rate_per_m
150
Plan_quantity_m
20000
Result:₹30 L