Reservation Price Table

Reservation pricing is set using a pricing table. Only your Merkato administrator can make changes to this table.

The following values are configurable:

Each cell, specifying a unit price for the adjacent time period shown in the column heading and capacity amount shown in the row heading.
The latest date on which a reservation can be made
Values for each time column heading
Units for each time column heading
Values for each quantity row heading
Units for each quantity row heading
The fee charged for cancellation of a reservation (see “Percentage Fee,” below.)

In general, sellers offer the highest price for short reservations and for small quantities of bandwidth. They offer the lowest price for large quantities of bandwidth over long periods of time.

When a buyer requests a reservation, Merkato calculates a price based on the requested amount of bandwidth and the duration of the reservation. The reservation prices are automatically scaled between price points to prevent abrupt jumps when buyers select quantities just above or below the price point.

Your Merkato administrator can increase the number of rows or columns in the rate sheet to accommodate more price points.

The highest capacity rate and the longest time period shown in the table are the upper limits for reservations.