Price plan structure

A price plan consists of:

The rating tree is a decision tree that shows the price plan. The tree has a root and branches for the different rates:

Rate components

The root of each branch shows a rate, which can be one of several types. Rate types are linked to rate activation methods. In Simulation Tool, there are three types of rate and three methods of activation:

Type of rate

Activation

Usage

Each usage

Recurring

Periodic

One-Shot

Once only

The rating tree can contain several rates. Each rate has its own decision tree. You can create each rating branch by using several components, which form nodes in the branch. The components are combined and applied to price plan variables to calculate the final price that is shown at the end point on the branch (the leaves of the tree).

Components

The components ( Functions, Comparisons, Splitters or Operators) are used to make calculations. The Functions components or leaves provide the amounts to pay.