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Understanding Waste

I've been using CoreBridge for a while now, and I still don't understand how waste works.  How can you determine what the waste is calculated to cost?  I've seen custom calculations in the parts management, but for square feet/inches, linear feet/inches, most of the standard templates, the cost seems to be calculated without regard for waste.

I've also found settings that "force" waste to be included, but I have no idea if it's working or how it's working.

Are there settings in Machines/Substrate Parts that change these calculations other than the custom calculations and 'force waste'?  I thought there'd be a better tutorial on importing new products and calculating waste.

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