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Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
Shipboard stability computer programs can be used to calculate a vessel's displacement. The process of determining a vessel's displacement begins with measuring its draft. [3] This is accomplished by means of its "draft marks". A merchant vessel has three matching sets: one mark each on the port and starboard sides forward, midships, and astern ...
Using gross margin to calculate selling price Given the cost of an item, one can compute the selling price required to achieve a specific gross margin. For example, if your product costs $100 and the required gross margin is 40%, then Selling price = $ 100 1 − 40 % = $ 100 0.6 = $ 166.67 {\displaystyle {\text{Selling price}}={\frac {\$100}{1 ...
Tonnage is a measure of the capacity of a ship, and is commonly used to assess fees on commercial shipping.The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, "tonnage" specifically refers to a calculation of the volume or cargo volume of a ship.
Used mainly to determine the minimum water depth for safe passage of a vessel and to calculate the vessel's displacement (obtained from ship's stability tables) so as to determine the mass of cargo on board. Draft, Air – Air Draft/Draught is the distance from the water line to the highest point on a ship (including antennas) while it is ...
The gross tonnage calculation is defined in Regulation 3 of Annex 1 of The International Convention on Tonnage Measurement of Ships, 1969. [3] It is based on two variables, and is ultimately an increasing one-to-one function of ship volume:
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