To calculate the price per meter:
\[ PPm = \frac{TP}{L} \]
Where:
Price Per Meter is a measure of the cost of a product or material per meter of length. This metric is useful in various fields such as construction, textiles, and other industries where products are sold by length.
Let's assume the following values:
Using the formula:
\[ PPm = \frac{150}{30} = 5 \, \text{\$/m} \]
The Price Per Meter is $5/m.
Let's assume the following values:
Using the formula:
\[ PPm = \frac{200}{50} = 4 \, \text{\$/m} \]
The Price Per Meter is $4/m.