FA-60601 / Loyalty points ledgers / Open access
Breakage-based revenue recognition: breakage acceleration · case 01
Revenue is recognized only at face value per redeemed point, ignoring expected breakage.
ROOT CAUSE
Recognition uses redeemed points times value instead of the proportional method.
VERIFIED REPAIR
Recognize deferred revenue in proportion to redemptions over expected redemptions.
Unsuccessful approach: Grossing face value up by the breakage rate approximates but does not equal the proportional method.
Case contract
Input {issued, redeemed, value_mc (millicents per point), breakage_bp}. Deferred revenue = floor(issued*value_mc/1000) cents. Expected redemptions = floor(issued*(10000-breakage_bp)/10000); if zero return {"error"}. Recognized = floor(deferred*min(redeemed, expected)/expected); liability = deferred - recognized. Return {deferred, expected, recognized, liability}.
Why this case matters
Member point balances, statements and the program liability depend on this ledger rule.
1 / The failure
Exit 1"""Failure Map reference implementation. Python standard library only."""
import json
N = 1
observations = []
def solve(x):
deferred = x['issued'] * x['value_mc'] // 1000
expected = x['issued'] * (10000 - x['breakage_bp']) // 10000
if expected <= 0:
return {'error': 'no expected redemptions'}
used = min(x['redeemed'], expected)
recognized = used * x['value_mc'] // 1000
return {'deferred': deferred, 'expected': expected, 'recognized': recognized, 'liability': deferred - recognized}
def check(label, actual, expected):
observations.append({"check": label, "actual": actual, "expected": expected, "passed": actual == expected})
fixtures = [[['mid program', {'issued': 100000, 'redeemed': 30001, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37501, 'liability': 62499}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1001}, {'deferred': 40000, 'expected': 44995, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1112, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1112, 'liability': 1387}], ['no breakage', {'issued': 700, 'redeemed': 351, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 351, 'liability': 349}], ['all breakage', {'issued': 700, 'redeemed': 1, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 4, 'breakage_bp': 3000}, {'deferred': 399, 'expected': 69999, 'recognized': 70, 'liability': 329}]], [['mid program', {'issued': 100000, 'redeemed': 30002, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37502, 'liability': 62498}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1002}, {'deferred': 40000, 'expected': 44990, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1113, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1113, 'liability': 1386}], ['no breakage', {'issued': 700, 'redeemed': 352, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 352, 'liability': 348}], ['all breakage', {'issued': 700, 'redeemed': 2, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 5, 'breakage_bp': 3000}, {'deferred': 499, 'expected': 69999, 'recognized': 88, 'liability': 411}]], [['mid program', {'issued': 100000, 'redeemed': 30003, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37503, 'liability': 62497}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1003}, {'deferred': 40000, 'expected': 44985, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1114, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1114, 'liability': 1385}], ['no breakage', {'issued': 700, 'redeemed': 353, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 353, 'liability': 347}], ['all breakage', {'issued': 700, 'redeemed': 3, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 6, 'breakage_bp': 3000}, {'deferred': 599, 'expected': 69999, 'recognized': 105, 'liability': 494}]], [['mid program', {'issued': 100000, 'redeemed': 30004, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37505, 'liability': 62495}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1004}, {'deferred': 40000, 'expected': 44980, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1115, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1115, 'liability': 1384}], ['no breakage', {'issued': 700, 'redeemed': 354, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 354, 'liability': 346}], ['all breakage', {'issued': 700, 'redeemed': 4, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 7, 'breakage_bp': 3000}, {'deferred': 699, 'expected': 69999, 'recognized': 123, 'liability': 576}]], [['mid program', {'issued': 100000, 'redeemed': 30005, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37506, 'liability': 62494}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1005}, {'deferred': 40000, 'expected': 44975, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1116, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1116, 'liability': 1383}], ['no breakage', {'issued': 700, 'redeemed': 355, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 355, 'liability': 345}], ['all breakage', {'issued': 700, 'redeemed': 5, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 8, 'breakage_bp': 3000}, {'deferred': 799, 'expected': 69999, 'recognized': 140, 'liability': 659}]]]
for label, args, expected in fixtures[N-1]:
check(label, solve(args), expected)
print(json.dumps({"observations": observations, "passed": all(x["passed"] for x in observations)}, ensure_ascii=False))
raise SystemExit(0 if all(x["passed"] for x in observations) else 1)
| Boundary fixture | Actual | Expected | Outcome |
|---|---|---|---|
| mid program | {'deferred': 100000, 'expected': 80000, 'liability': 69999, 'recognized': 30001} | {'deferred': 100000, 'expected': 80000, 'liability': 62499, 'recognized': 37501} | Failed |
| fully redeemed | {'deferred': 40000, 'expected': 44995, 'liability': 4004, 'recognized': 35996} | {'deferred': 40000, 'expected': 44995, 'liability': 0, 'recognized': 40000} | Failed |
| over redeemed | {'deferred': 1200, 'expected': 850, 'liability': 180, 'recognized': 1020} | {'deferred': 1200, 'expected': 850, 'liability': 0, 'recognized': 1200} | Failed |
| fractional value | {'deferred': 2499, 'expected': 2499, 'liability': 1665, 'recognized': 834} | {'deferred': 2499, 'expected': 2499, 'liability': 1387, 'recognized': 1112} | Failed |
| no breakage | {'deferred': 700, 'expected': 700, 'liability': 349, 'recognized': 351} | {'deferred': 700, 'expected': 700, 'liability': 349, 'recognized': 351} | Passed |
| all breakage | {'error': 'no expected redemptions'} | {'error': 'no expected redemptions'} | Passed |
| tiny value | {'deferred': 399, 'expected': 69999, 'liability': 350, 'recognized': 49} | {'deferred': 399, 'expected': 69999, 'liability': 329, 'recognized': 70} | Failed |
SHA-256 / 28f1113edcfda0ab211d5da925316d2a35b73036d0e133af392639eb03c3df72
2 / The unsuccessful fix
Exit 1"""Failure Map reference implementation. Python standard library only."""
import json
N = 1
observations = []
def solve(x):
deferred = x['issued'] * x['value_mc'] // 1000
expected = x['issued'] * (10000 - x['breakage_bp']) // 10000
if expected <= 0:
return {'error': 'no expected redemptions'}
used = min(x['redeemed'], expected)
recognized = used * x['value_mc'] * (10000 + x['breakage_bp']) // 10000000
return {'deferred': deferred, 'expected': expected, 'recognized': recognized, 'liability': deferred - recognized}
def check(label, actual, expected):
observations.append({"check": label, "actual": actual, "expected": expected, "passed": actual == expected})
fixtures = [[['mid program', {'issued': 100000, 'redeemed': 30001, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37501, 'liability': 62499}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1001}, {'deferred': 40000, 'expected': 44995, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1112, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1112, 'liability': 1387}], ['no breakage', {'issued': 700, 'redeemed': 351, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 351, 'liability': 349}], ['all breakage', {'issued': 700, 'redeemed': 1, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 4, 'breakage_bp': 3000}, {'deferred': 399, 'expected': 69999, 'recognized': 70, 'liability': 329}]], [['mid program', {'issued': 100000, 'redeemed': 30002, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37502, 'liability': 62498}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1002}, {'deferred': 40000, 'expected': 44990, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1113, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1113, 'liability': 1386}], ['no breakage', {'issued': 700, 'redeemed': 352, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 352, 'liability': 348}], ['all breakage', {'issued': 700, 'redeemed': 2, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 5, 'breakage_bp': 3000}, {'deferred': 499, 'expected': 69999, 'recognized': 88, 'liability': 411}]], [['mid program', {'issued': 100000, 'redeemed': 30003, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37503, 'liability': 62497}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1003}, {'deferred': 40000, 'expected': 44985, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1114, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1114, 'liability': 1385}], ['no breakage', {'issued': 700, 'redeemed': 353, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 353, 'liability': 347}], ['all breakage', {'issued': 700, 'redeemed': 3, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 6, 'breakage_bp': 3000}, {'deferred': 599, 'expected': 69999, 'recognized': 105, 'liability': 494}]], [['mid program', {'issued': 100000, 'redeemed': 30004, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37505, 'liability': 62495}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1004}, {'deferred': 40000, 'expected': 44980, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1115, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1115, 'liability': 1384}], ['no breakage', {'issued': 700, 'redeemed': 354, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 354, 'liability': 346}], ['all breakage', {'issued': 700, 'redeemed': 4, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 7, 'breakage_bp': 3000}, {'deferred': 699, 'expected': 69999, 'recognized': 123, 'liability': 576}]], [['mid program', {'issued': 100000, 'redeemed': 30005, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37506, 'liability': 62494}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1005}, {'deferred': 40000, 'expected': 44975, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1116, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1116, 'liability': 1383}], ['no breakage', {'issued': 700, 'redeemed': 355, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 355, 'liability': 345}], ['all breakage', {'issued': 700, 'redeemed': 5, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 8, 'breakage_bp': 3000}, {'deferred': 799, 'expected': 69999, 'recognized': 140, 'liability': 659}]]]
for label, args, expected in fixtures[N-1]:
check(label, solve(args), expected)
print(json.dumps({"observations": observations, "passed": all(x["passed"] for x in observations)}, ensure_ascii=False))
raise SystemExit(0 if all(x["passed"] for x in observations) else 1)
| Boundary fixture | Actual | Expected | Outcome |
|---|---|---|---|
| mid program | {'deferred': 100000, 'expected': 80000, 'liability': 63999, 'recognized': 36001} | {'deferred': 100000, 'expected': 80000, 'liability': 62499, 'recognized': 37501} | Failed |
| fully redeemed | {'deferred': 40000, 'expected': 44995, 'liability': 401, 'recognized': 39599} | {'deferred': 40000, 'expected': 44995, 'liability': 0, 'recognized': 40000} | Failed |
| over redeemed | {'deferred': 1200, 'expected': 850, 'liability': 27, 'recognized': 1173} | {'deferred': 1200, 'expected': 850, 'liability': 0, 'recognized': 1200} | Failed |
| fractional value | {'deferred': 2499, 'expected': 2499, 'liability': 1457, 'recognized': 1042} | {'deferred': 2499, 'expected': 2499, 'liability': 1387, 'recognized': 1112} | Failed |
| no breakage | {'deferred': 700, 'expected': 700, 'liability': 349, 'recognized': 351} | {'deferred': 700, 'expected': 700, 'liability': 349, 'recognized': 351} | Passed |
| all breakage | {'error': 'no expected redemptions'} | {'error': 'no expected redemptions'} | Passed |
| tiny value | {'deferred': 399, 'expected': 69999, 'liability': 335, 'recognized': 64} | {'deferred': 399, 'expected': 69999, 'liability': 329, 'recognized': 70} | Failed |
SHA-256 / af814f655b85318d2282a98d798bac62b97902a7e2afb5b678d830f786f460c0
3 / The verified repair
Exit 0"""Failure Map reference implementation. Python standard library only."""
import json
N = 1
observations = []
def solve(x):
deferred = x['issued'] * x['value_mc'] // 1000
expected = x['issued'] * (10000 - x['breakage_bp']) // 10000
if expected <= 0:
return {'error': 'no expected redemptions'}
used = min(x['redeemed'], expected)
recognized = deferred * used // expected
return {'deferred': deferred, 'expected': expected, 'recognized': recognized, 'liability': deferred - recognized}
def check(label, actual, expected):
observations.append({"check": label, "actual": actual, "expected": expected, "passed": actual == expected})
fixtures = [[['mid program', {'issued': 100000, 'redeemed': 30001, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37501, 'liability': 62499}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1001}, {'deferred': 40000, 'expected': 44995, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1112, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1112, 'liability': 1387}], ['no breakage', {'issued': 700, 'redeemed': 351, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 351, 'liability': 349}], ['all breakage', {'issued': 700, 'redeemed': 1, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 4, 'breakage_bp': 3000}, {'deferred': 399, 'expected': 69999, 'recognized': 70, 'liability': 329}]], [['mid program', {'issued': 100000, 'redeemed': 30002, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37502, 'liability': 62498}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1002}, {'deferred': 40000, 'expected': 44990, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1113, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1113, 'liability': 1386}], ['no breakage', {'issued': 700, 'redeemed': 352, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 352, 'liability': 348}], ['all breakage', {'issued': 700, 'redeemed': 2, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 5, 'breakage_bp': 3000}, {'deferred': 499, 'expected': 69999, 'recognized': 88, 'liability': 411}]], [['mid program', {'issued': 100000, 'redeemed': 30003, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37503, 'liability': 62497}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1003}, {'deferred': 40000, 'expected': 44985, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1114, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1114, 'liability': 1385}], ['no breakage', {'issued': 700, 'redeemed': 353, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 353, 'liability': 347}], ['all breakage', {'issued': 700, 'redeemed': 3, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 6, 'breakage_bp': 3000}, {'deferred': 599, 'expected': 69999, 'recognized': 105, 'liability': 494}]], [['mid program', {'issued': 100000, 'redeemed': 30004, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37505, 'liability': 62495}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1004}, {'deferred': 40000, 'expected': 44980, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1115, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1115, 'liability': 1384}], ['no breakage', {'issued': 700, 'redeemed': 354, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 354, 'liability': 346}], ['all breakage', {'issued': 700, 'redeemed': 4, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 7, 'breakage_bp': 3000}, {'deferred': 699, 'expected': 69999, 'recognized': 123, 'liability': 576}]], [['mid program', {'issued': 100000, 'redeemed': 30005, 'value_mc': 1000, 'breakage_bp': 2000}, {'deferred': 100000, 'expected': 80000, 'recognized': 37506, 'liability': 62494}], ['fully redeemed', {'issued': 50000, 'redeemed': 45000, 'value_mc': 800, 'breakage_bp': 1005}, {'deferred': 40000, 'expected': 44975, 'recognized': 40000, 'liability': 0}], ['over redeemed', {'issued': 1000, 'redeemed': 950, 'value_mc': 1200, 'breakage_bp': 1500}, {'deferred': 1200, 'expected': 850, 'recognized': 1200, 'liability': 0}], ['fractional value', {'issued': 3333, 'redeemed': 1116, 'value_mc': 750, 'breakage_bp': 2500}, {'deferred': 2499, 'expected': 2499, 'recognized': 1116, 'liability': 1383}], ['no breakage', {'issued': 700, 'redeemed': 355, 'value_mc': 1000, 'breakage_bp': 0}, {'deferred': 700, 'expected': 700, 'recognized': 355, 'liability': 345}], ['all breakage', {'issued': 700, 'redeemed': 5, 'value_mc': 1000, 'breakage_bp': 10000}, {'error': 'no expected redemptions'}], ['tiny value', {'issued': 99999, 'redeemed': 12345, 'value_mc': 8, 'breakage_bp': 3000}, {'deferred': 799, 'expected': 69999, 'recognized': 140, 'liability': 659}]]]
for label, args, expected in fixtures[N-1]:
check(label, solve(args), expected)
print(json.dumps({"observations": observations, "passed": all(x["passed"] for x in observations)}, ensure_ascii=False))
raise SystemExit(0 if all(x["passed"] for x in observations) else 1)
| Boundary fixture | Actual | Expected | Outcome |
|---|---|---|---|
| mid program | {'deferred': 100000, 'expected': 80000, 'liability': 62499, 'recognized': 37501} | {'deferred': 100000, 'expected': 80000, 'liability': 62499, 'recognized': 37501} | Passed |
| fully redeemed | {'deferred': 40000, 'expected': 44995, 'liability': 0, 'recognized': 40000} | {'deferred': 40000, 'expected': 44995, 'liability': 0, 'recognized': 40000} | Passed |
| over redeemed | {'deferred': 1200, 'expected': 850, 'liability': 0, 'recognized': 1200} | {'deferred': 1200, 'expected': 850, 'liability': 0, 'recognized': 1200} | Passed |
| fractional value | {'deferred': 2499, 'expected': 2499, 'liability': 1387, 'recognized': 1112} | {'deferred': 2499, 'expected': 2499, 'liability': 1387, 'recognized': 1112} | Passed |
| no breakage | {'deferred': 700, 'expected': 700, 'liability': 349, 'recognized': 351} | {'deferred': 700, 'expected': 700, 'liability': 349, 'recognized': 351} | Passed |
| all breakage | {'error': 'no expected redemptions'} | {'error': 'no expected redemptions'} | Passed |
| tiny value | {'deferred': 399, 'expected': 69999, 'liability': 329, 'recognized': 70} | {'deferred': 399, 'expected': 69999, 'liability': 329, 'recognized': 70} | Passed |
SHA-256 / 706960ac1820d2a9bad824de1f32ae415e5461d59821348a885a754271cc68cb
Verification & scope
Stipulated bounded loyalty-program model with explicit toy rules; not any real program terms. This reproducer isolates one failure mechanism. Results cover the supplied fixtures. Variants within a family share a test contract and should remain grouped when constructing evaluation splits. Related mechanisms with a shared evaluation_group must also remain together; these controlled models are not independent production incidents.
Observations recorded using Python 3.12.14 at 2026-09-29T14:46:47.217596+00:00.
Case digest / a33a1c6e5724b6697af225dcccb4467ffba38f9da7c19c904d483de607b11efa