These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Science & Industry

 
  • Topic is locked indefinitely.
 

Calculation help (I was told there would be no math :)
Author
Previous Topic Next Topic
Parker Rush
Import Bank of New Eden KINGDOM
#1 - 2012-12-23 04:01:17 UTC
Dont know if the old noggin has fried or im daft but im having trouble figuring out how much I am paying per each unit of mineral buying golden omber.

So I bought the omber for 85 per unit
500 units are required to refine.

85*500=42500

42500 Isk yields 321 Tritanium, 128 Pyerite, and 321 Isogen.

How do I then figure out what I am paying per unit of each mineral?

Its probably simple but it has been awhile since math class :)

Your help is greatly appreciated. Karma coming at ya!
Rutuli
Rizoma records
#2 - 2012-12-23 04:07:59 UTC
321 trit * market price+ 128 pyerite * market price + 321 isogen * market price = total cost

if you can buy 321 trit+128pyerite+321 isogen for less than 42,5k isk you are doing it wrong
Parker Rush
Import Bank of New Eden KINGDOM
#3 - 2012-12-23 04:20:44 UTC  |  Edited by: Parker Rush
Im trying to find my cost per isogen, tritanium, peyrite respectively.
Emma Royd
Maddled Gommerils
#4 - 2012-12-23 07:29:05 UTC
I can't see how you'd get an accurate individual price per each mineral - as all the minerals have such different prices

even if you worked out percentages of the contents ie

500 omber contains a total of 321 + 128 + 321 units of minerals = 770

so Tritanium and Isogen are roughly 41.5% and Pyerite is roughly 16.5%
If you tried working out the prices with this method, you would end up with
Tritanium + Isogen at the same price of about 24.25 per unit with Pyerite coming in at about 9.7 per unit.


I guess you're aiming to build with the refined minerals, and wanting to calculate the accurate material cost of whatever you're building by breaking the ore down to it's components?

Don't bother doing that, work out what the market value of the minerals are in the ore you buy and if you can buy ore at a lower price than the mineral contents then happy days, just use the market price of the minerals in your build calculations. Big smile
Pyus
School of Applied Knowledge
Caldari State
#5 - 2012-12-23 08:03:54 UTC
Hmm... well you could define values for the underlying minerals as follows:

  1. Find what the cost of one unit of Omber should be:

    2. (321 Tritanium * market price/unit + 128 Pyerite * market price/unit + 321 Isogen * market price/unit)
    = (321 Tritanium * 6.2 + 128 Pyerite * 14.15 + 321 Isogen * 172.91)
    = (1990.2 + 1856.0 + 55504.11)
    = 59350.31
    This would be the price of 500 units of omber using current market prices for the valuation of the refined minerals. Now divide this number by 500 to determine what the price per unit of omber should be: 59350.31 / 500 = 118.70

  2. So we could say that omber should cost 118.70 per unit. Now factor in what you paid per unit to determine what discount or premium (percentage) you might have paid compared to the market price of the raw minerals:

    3. ((market price) - (price you paid)) / (market price)
    = ((118.7) - (85.0) ) / (118.7)
    = 28.39% discount

  3. Now apply this discount percentage to the price of all minerals obtained from refining the omber you purchased at 85 isk/unit.
    4. For example, a unit of tritanium cost you: (6.2 - (6.2 * 0.2839) = (6.2 - 1.76) = 4.44/unit of trit


Is this what you were after?
Sidrat Flush
KarmaFleet
#6 - 2012-12-23 10:00:52 UTC
Start using Eve Industrial Organiser find out the refine price for ore and every.

Its time to stand up against the bad empire based CEO telling falsehoods about what new characters can accomplish and pushing them towards an in game experience of drudgery and loneliness keeping them in the shadow of ignorance for at nest their own profit at worse apathy towards all the experiences that Eve has to offer.
Dalts
Out of Focus
Odin's Call
#7 - 2012-12-24 19:38:43 UTC
What you are effectively trying to do is solve a for 3 unknowns with only 1 set. This is impossible.

However, if you pick 2 other ores types that contain the same minerals, (doesn't need to be all 3 but can't introduce another mineral) then you can calculate it using this:-

http://ncalculators.com/algebra/3-variable-equation-solver.htm
Krixtal Icefluxor
INLAND EMPIRE Galactic
#8 - 2012-12-24 21:56:33 UTC
This will tell you (in the parentheses) the value each ore refines to per unit with it's mineral content.

Sorry you were so misled by the obfuscating posts above.

http://ore.cerlestes.de/index.html#site:ore


edit: link issues

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882
Emma Royd
Maddled Gommerils
#9 - 2012-12-25 07:23:58 UTC  |  Edited by: Emma Royd
Krixtal Icefluxor wrote:
This will tell you (in the parentheses) the value each ore refines to per unit with it's mineral content.

Sorry you were so misled by the obfuscating posts above.

http://ore.cerlestes.de/index.html#site:ore


edit: link issues


Krystal - read the OP's question, "I'm having trouble figuring out how much I am paying per each unit of mineral buying golden omber" - He buys omber at 85 is per unit, and wants to work out out of the 42,500 isk he's spent on 500 units, how much the individual minerals Trit, Isogen, Pye are worth per unit.


The mineral values that Cerlestes page gives are rubbish - Look at the ore in question - Omber

It's got value per m3
Tritanium 1.023
Isogen 1.023
Pyerite 0.410

So Trit is worth the same as Isogen, and more than Pyerite

It's a complete waste of space as far as mineral values go.

The other posts as far as I could tell weren't obfuscating, they were basically telling the OP that it can't be done, there's not enough data, he's basically asking to find the value of an apple in a mixed fruit basket which he paid $£2.56 for with no more information.
Krixtal Icefluxor
INLAND EMPIRE Galactic
#10 - 2012-12-25 13:25:25 UTC
Emma Royd wrote:


The mineral values that Cerlestes page gives are rubbish - Look at the ore in question - Omber




They are API pulled several times a day.

Not to be rude here,but considering Omber of all things is involved, this thread may well be a stealth rick-roll. Who knows anymore ???

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882
Kiger Wulf
Imperial Shipment
Amarr Empire
#11 - 2012-12-25 18:20:26 UTC
Actually, what you want to do is this:

Omber pulls Trit, Pyerite and Isogen. Let's say, for example that the following things are true (all hypothetical, made up on the spot)

Tritanium sells for 6, Pyerite sells for 12, Isogen sells for 156.

Trit = x; Pyerite = 2x; Isogen = 26x

Your equation looks like this:

42500=(321*x )+ (128*2x )+ (321*26x)

This will tell you what each ore cost you, roughly because Pyerite is worth twice Tritanium and Isogen is worth 26 times Tritanium. Once you've solved for x, you'll know what Tritanium cost, then can do a quick plug in to figure out what everything else cost.

I believe this is an ACTUAL answer to the question you were asking. The equation will scale to whatever you want, also. The initial number (42500 in this case) is the price you paid for your ore. Then use new values for your Tritanium, Pyerite and Isogen.

Hope this helps.
Emma Royd
Maddled Gommerils
#12 - 2012-12-26 08:16:43 UTC
Krixtal Icefluxor wrote:
Emma Royd wrote:


The mineral values that Cerlestes page gives are rubbish - Look at the ore in question - Omber




They are API pulled several times a day.

Not to be rude here,but considering Omber of all things is involved, this thread may well be a stealth rick-roll. Who knows anymore ???



Looking at the site again, I see where I got the wrong figures from, but it still doesn't give the answer to the OP's question, how much is each mineral worth.

Dunno if it's a troll or not, as he's not saying he's mining it, but buying it off the market, so who knows :)
Styth spiting
Brutor Tribe
Minmatar Republic
#13 - 2012-12-26 08:31:21 UTC  |  Edited by: Styth spiting
Parker Rush wrote:
Dont know if the old noggin has fried or im daft but im having trouble figuring out how much I am paying per each unit of mineral buying golden omber.

So I bought the omber for 85 per unit
500 units are required to refine.

85*500=42500

42500 Isk yields 321 Tritanium, 128 Pyerite, and 321 Isogen.

How do I then figure out what I am paying per unit of each mineral?

Its probably simple but it has been awhile since math class :)

Your help is greatly appreciated. Karma coming at ya!


using this site

500 omber required to refine. 42,500isk
yield . market value . isk . . . . . . . . . price per unit.
338 trit : .. 6.09 = . 2,058 isk / 500 = . . . 4.12 isk
135 pye :. 13.95 =.. 1,883 isk / 500 = . . 3.76 isk
338 iso : 165.30 = 55,871 isk / 500 = 111.74 isk
Skorpynekomimi
#14 - 2012-12-26 09:45:50 UTC
Use the wiki to get the details on what the ore refines to. Enter those details into a spreadsheet, divide by how many units of ore you need to refine it.
That gives you the units mineral per unit ore.

Market values can be obtained from the market itself; I use the lowest hub sell orders, since that's what I'd be selling them at if I were to do so.

Economic PVP
Hazen Koraka
HK Enterprises
#15 - 2013-01-04 08:43:14 UTC
I'm guessing the OP is sort of asking for a kind of price ratio between different types of refined materials, which doesn't exist. I remember reading somewhere there used to be a kind of "rule of thumb" ratio between the minerals such that

Trit : Pye: Isogen was something like 1:8:12 or something - I can't remember where I read it.

It meant, roughly 8 trit was kind of equivalent to the cost of 1 unit of Pye, 20 units of Trit was kind of equivalent to 1 unit of isogen etc. But this is all directly linked to the prices which aren't steady at any moment of time (I guess depends how roughly you want a calculation to be as to what window you look at price fluctuations on the market - I'm no market guru).

Exploration is Random. Random is Random... or is it?! http://docs.python.org/2/library/random.html