Price lists can be used to implement many pricing models. Two popular models are bulk pricing and tiered pricing
Bulk pricing calculates the price of a product based on the minimum quantity that is ordered. For example, you could:
purchase up to 10 steel beams for $50 each
purchase 11 to 20 steel beams for $45 each
purchase 21 or more steel beams for $40 each
In this bulk pricing example, if you bought 23 steel beams, the total cost of the order would be $920. Each of the 23 beams would cost $40.
Tiered pricing calculates the price of a product using fixed quantity or weight at different pricing levels. For example, you could:
purchase up to 10 steel beams for $50 each
after purchasing 10 beams for $50 each, purchase beams 11 through 20 for $45 each.
after purchasing 10 beams for $50 each and purchasing beams 11 through 20 for $45 each, purchase any more than 20 beams for $40 each
In this tiered pricing example, 23 steal beams would cost $1070:
10 beams (beams 1-10) for $50= $500
10 beams (beams 11-20) for $45= $450
3 beams (beams 21-23) for $40= $120
