The formula to calculate the Chargeable Weight (CW) is:
\[ CW = \max(VW, AW) \]
Where:
Chargeable weight is a concept used in freight transportation, particularly in air and sea shipping, to determine the cost of shipping goods. It is not solely based on the actual weight of the goods, but also takes into account the space they occupy. This is because carriers need to consider both the weight and volume of the cargo when planning their loads. Therefore, the chargeable weight is calculated as the actual gross weight or the volumetric weight of the shipment, whichever is greater.
Let's assume the following values:
Using the formula to calculate the Chargeable Weight (CW):
\[ CW = \max(VW, AW) = \max(120, 100) = 120 \]
The Chargeable Weight (CW) is 120.
