The formula to calculate the Total Truss Price is:
\[ TP = T \times CT \]
Where:
Total Truss Price refers to the overall cost of all the trusses needed for a construction project. It is calculated by multiplying the total number of trusses by the cost per truss. This calculation helps in budgeting and cost estimation for construction projects.
Let's assume the following values:
Step 1: Calculate the Total Truss Price:
\[ TP = 50 \times 200 = 10000 \text{ dollars} \]
Therefore, the total truss price is $10,000.