The Rate Matrix is an Advanced Rating feature that computes a rate based on the order properties, which can include one or two of the following:
§ Cubic Feet
§ Fuel Cost
§ Linear Feet
§ Miles
§ Weight
The point where defined ranges of values intersect determines the rate returned to the application.
For example, using the provide Miles and Weight matrix provided to your company, a rate of $34.71 returns based on a weight of 12,000 pounds and miles of 150. NOTE: See the details of the Miles and Weight matrix by viewing the Rate Matrix Report.
Figure 6: Advanced Rating Basis button
You can view the specific of the matrix by pressing the button available through the Rate field when a matrix is in use. This opens the Edit Advanced Rating Basis screen allowing you to view and adjust the values to reference a different rate from the matrix.
Figure 7: Edit Advanced Rating Basis screen
Refer to the Rate Matrix Setup topic for more information.