Define pricing equation

Each manufacturing process in Phasio can be paired with a custom pricing equation that reflects your specific cost drivers, production logic, and business goals. These equations use flexible, math-based models to calculate part costs based on material properties, part geometry, machine time, and more.

This guide walks through how to define or edit a pricing equation for a given process.

Create your pricing equation

The Equation interface allows you to configure pricing algorithms that determine production costs:

1. Click on Materials.

2. Click on Add Variables under Material Schema to add a new material variable to be implemented across all materials in this process.

   

3. After adding the necessary Material Variables, click on Overview, then Create Equation to add a new equation.

4. Enter the Equation name in the field at the bottom of the screen.

5. Using the Typescript equation editor, build your pricing formulas.

Use the equation editor to build pricing formulas with mathematical expressions. You can also reference properties such as:

• Material properties (density, cost, waste).
• Part characteristics (volume, surface area, complexity).
• Production inputs (machine time, labor).
• Business factors (margin, overhead).

⚠️ Phasio provides a library of common equation templates. These pre-configured pricing models offer a quick starting point for building your own custom equations. Reach out to Phasio Support for further details.

Save changes

1. Click on the Save button in the bottom left of the screen.

2. Click on the Mark as Live button to apply this pricing equation (model) to all future quotes and orders using this manufacturing process.

   

☝️ Tip: You can create multiple equations for the same process and choose which equation to be live on your Storefront.