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Unit factors may be made from any two terms that describe the same or equivalent amounts of what we are interested in. For example, we know that. 1 inch = 2.54 centimeters Note: Unlike most English-Metric conversions, this one is exact.There are exactly 2.540000000...nit factors may be made from any two terms that describe the same or equivalent amounts of what we are interested in. For example, we know that. 1 inch = 2.54 centimeters Note: Unlike most English-Metric conversions, this one is exact.
The basis factor is the amount or quantity the rate/amount is multiplied by to calculate the unit cost of the subelement. The basis factor for subelements with a basis type of Item is always 1. The basis factor for subelements with a basis type of Lot is the ratio of 1 over the item's standard lot size.