Highest Price Algorithm

Process

This method charges the customer the highest price on the first X items purchased. This method is very commonly used and is a Weights and Measures approved pricing algorithm.

Example Example

3 for $1.00, price per item is $.33 with one penny being left over after 3 * .33 is calculated. One extra penny is added to the first item sold.

Item Entered at POS Client	Extended Amount for Item	Price of Item Entered at POS Client
Item 1	.33 + .01	.34
Item 2	.33	.33 -> total now sold = .67
Item 3	.33	.33 -> total now sold = 1.00

End of the example.

Example Example

5 for $.88, price per item is $.17 with three pennies left over after 5 * .17 is calculated. One extra penny is added to the first 3 items sold.

Item Entered at POS Client	Extended Amount for Item	Price of Item Entered at POS Client
Item 1	.17 + .01	.18
Item 2	.17 + .01	.18 -> total now sold = .36
Item 3	.17 + .01	.18 -> total now sold = .54
Item 4	.17	.17 -> total now sold =.71
Item 5	.17	.17 -> total now sold = .88

End of the example.

Example Example

7 for $1.00, price per item is $.14 with two pennies left over after 7 * .14 is calculated. One extra penny is added to the first 2 items sold.

Item Entered at POS Client	Extended Amount for Item	Price of Item Entered at POS Client
Item 1	.14 + .01	.15
Item 2	.14 + .01	.15 -> total now sold = .30
Item 3	.14	.14 -> total now sold = .44
Item 4	.14	.14 -> total now sold = .58
Item 5	.14	.14 -> total now sold = .72
Item 6	.14	.14 -> total now sold = .72
Item 7	.14	.14 -> total now sold = 1.00

End of the example.