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Author Topic: [-] Wrong fuel hedging price  (Read 158 times)

slickwillbo

  • Former member
[-] Wrong fuel hedging price
« on: March 25, 2019, 09:53:43 PM »
This may not be a bug, but I wanted to check.

In GW #2, I hedged fuel at $30 plus a 7.4% fee.  $30 * 1.074 = $32.22/gallon.  Yet, the fuel management screen says I'm paying $33/gallon. What price am I actually paying? If I'm actually paying $33, this is 2.5% more than I should be, which would be costing me about $100k/week.

« Last Edit: March 25, 2019, 10:25:38 PM by Sami »

Offline Sami

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Re: Wrong fuel hedging price
« Reply #1 on: March 25, 2019, 10:23:01 PM »
Price is always even dollars, and is rounded. The basis of unit calculation is KG and the LBS conversion (applied at the end) results in another rounding and these two combined will probably cause the difference between 32 and 33 displayed there.

When using metric units the price is $67 with same fee => $71.958, and is shown as $72. Expenses are paid based on the KG value so the cost calculations are all correct.

slickwillbo

  • Former member
Re: [-] Wrong fuel hedging price
« Reply #2 on: March 25, 2019, 11:12:05 PM »
Thanks, Sami!

 

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