Unit retail price definition

Unit retail price means the retail price of the contents of a package of any consumer commodity, expressed in terms of the retail price of such contents per single whole unit of weight, volume, measure or count, computed to the nearest 10th of a cent when less than $1 and to the nearest cent when $1 or more. [1977 c.181 §3; 1979 c.827 §1; 2007 c.71 §185]
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Unit retail price means the retail price of the contents of a package of any consumer commodity, expressed in terms of the retail price of such contents per single whole unit of weight, volume, measure or count, computed to the nearest 10th of a cent
Sample 1

Examples of Unit retail price in a sentence

  • To calculate the profit function, the following variables are needed:• Unit purchase cost for a component, 𝐶𝑡 ≥ 0.• Unit retail price for a component, 𝑃𝑡 ≥ 0.• Order quantity Q• Ordering costs 𝑄𝑐 per order• Inventory cost per unit per week, 𝐼𝑐 ≥ 0.• Scrap cost per unit, 𝑆𝐶𝑐 ≥ 0.• Stock out cost per unit, 𝑆𝑇𝑐 ≥ 0.• Stock level (Q – cumulative sales at time t), 𝐿(𝑡) = 𝛼1𝑡3 + 𝛼2 𝑡2 + 𝛼3 t + 𝛼4 + 𝜖, wher𝑒 𝛼𝑖 ≥ 0,and 𝜖 is stochastic and its magnitude describes deviation.

Related to Unit retail price

  • Retail Price As set forth in Exhibit A.

  • Retail Price Index means the general index of retail prices published by the Office for National Statistics each month in respect of all items or:

  • Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.

  • SPS AER Value means the Underlying Reference Value.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • Nominal Value means having a retail value of

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Aggregate Industry Equivalent Unit Score is then calculated for each S&P Industry Classification, shown on Schedule 2, and is equal to the sum of the Equivalent Unit Scores for each issuer in such industry classification group.

  • Generating Unit means one or more generating equipment combinations typically consisting of prime mover(s), electric generator(s), electric transformer(s), steam generator(s) and air emission control devices.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.