Understanding Revenue Factors

Revenue factors are used to scale scenario prices up or down, to evaluate the revenue of the pit.

See Also
Controlling Pit and Phases
Configuring Phases
Configuring a Single Pit

You can choose from two methods of revenue factor range generation, either fixed intervals or geometric intervals.

  • The fixed intervals provide a constant step size in revenue factor.
  • The geometric intervals allow a user to specify the required number of factors, but then produces more pits in lower revenue factors and less pits in the higher factors.

During optimization, a revenue factor is applied to the element price across all elements contributing to the value of a block.