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Unread 01-14-2014, 11:57 AM
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Robot Mentor
FRC #2974 (WALT)
Team Role: Mentor
 
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Re: Fair market value for scrap

I see your point Al. I have to admit that since our robot has never come close the budget limit, we have been conservative in costing stock, so I have not thought much about this rule. The trouble about pricing metal is that on an industrial scale the price depends on a lot of factors. So figuring out a true price for the minimum quantity allowed in the rules is always going to be a little arbitrary.

In our case we buy stock in bulk. Much gets used for stuff other than the comp bot. The price/lb is affected by the total buy, but I do have an idea of a minimum sell quantity of a particular shape so I guess that is what we will use.