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Report Terms & Definitions
| Term | Definition |
Actual | Displays the actual business volume per segment that occurred on that day. This information is available after the forecast week has taken place. |
Stat Forecast | Displays the forecast per segment based on forecasting methodologies established in the system configuration process. |
Stat Variance | Displays the variance between actuals and the statistical forecast per segment. |
Mgr Forecast | Displays the manager's forecast that you generated. These are the numbers that you feel the unit will do based on your experience. LMS will plan labor based on your edits. |
Mgr Variance | Displays the variance between actuals and the manager's forecast. |
Avail. Rooms Fst | Displays the results of configured rooms minus the sum of all market segments being forecasted. |
Avail Rooms Act | Displays the results of configured rooms minus the sum of all market segments that were sold. |
Pickup Rooms | Displays the number of rooms gained since the forecast was completed. This calculation is based on the forecasted rooms minus actual rooms sold. |
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