The Edit Revenue Center Forecasting screen

Fields and controls on the Revenue Center Forecasting screen

#	Field/Control	Description	Notes
1	Planning Period	Select the planning period.
2	Selected Revenue Center	Select the revenue center.	Only revenue centers to which you have access are available.
3	Legend	Opens the Legend dialog box	Accuracy calculations of forecasts are based on the most recent data from the same business operating environments
		—In recent weeks with the same business conditions, on average the system forecast was within 4 % of the actual business volume.	Read-only.
		—In recent weeks with the same business conditions, on average the system forecast was within 5% to 9% of the actual business volume.	Read-only.
		—In recent weeks with the same business conditions, on average the system forecast was within 10% to 14% of the actual business volume.	Read-only.
		—In recent weeks with the same business conditions, on average the system forecast was within 15% to 19% of the actual business volume.	Read-only.
		—In recent weeks with the same business conditions, on average the system forecast was within 20% of the actual business volume.	Read-only.
		—No System Forecast Available.	Read-only.
		—Forecast has been edited manually.	Read-only.
		—A forecast environment has been applied to a revenue center.	Read-only.
4	Weather for the property	The weather forecast is displayed for the location of the selected property. With this information, you can quickly see the weather on a given day so that you can make an educated guess as to the impact that the weather might have on business volumes. The weather forecast data includes the temperature (high and low) and an icon that indicates weather conditions.	Read-only.
5	Forecast Accuracy by Day	The overall status of the forecast for the day. For each day, the cell displays one of the following: If the system could not return a forecast for one or more KBIs for the day, a Needs Attention icon is displayed. If a system forecast is available for all KBIs for the day and if at least one KBI forecast has been edited, a pencil icon ( ) is displayed. If a system forecast is available for all KBIs for the day and if none of the KBI forecasts have been edited, a variance icon is displayed. This icon shows the KBI with the worst system forecast accuracy for that day.	Read-only.
6	KBIs	Forecast values for the KBIs. A number and an icon are displayed for each day. The numbers indicate the number of units (for example, covers), and the icon represents the variance of the system forecast from the actual business volumes.	Read-only.
	KBI Details section	The details pane is available for each KBI. To open the KBI Details section: Click the arrow ( ) in front of the KBI for which to view details. The table expands to display details and statistics under the KBI.
7	Forecast environment	Forecast environment applied to the KBI. If a forecast environment is applied to a KBI, the name of the forecast environment appears in the cells and a Change button is available. If a forecast environment is not added to a KBI, an Add button is available. You can add, change, or remove forecast environments.
8	System Accuracy	During the past four weeks with the same business conditions, on average the system forecast was within X units and Y percent of the actual business volume.	Read-only.
9	Manager Accuracy	During the past four weeks with the same business conditions, on average the manager forecast was within X units and Y percent of the actual business volume.	Read-only.
10	System Forecast	The volume forecast generated by the system. In each cell, the number indicates the system forecast value and the icon indicates the recent average variance of the system forecast to the actual business volume.	Read-only.
11	Manager Forecast	Manually entered forecast by a manager. If there is no manager forecast, the cell is blank. Enter a value if you feel that you can better predict the volumes for the day. If there is a manager forecast, the system uses that value instead of the system forecast in schedule calculations.	You cannot enter a negative value.
12	Various statistics	Additional statistics that are helpful in finalizing forecasts of business volumes: Last Week—Actual business volume for the same day last week. Last Year—Actual business volume for the same day last year. 4-Week Averages—Average business volume for the same day for the last four weeks. Forecast Available Guests—Number of guests available to patronize the business on a given day and revenue center period. This is only displayed for KBIs forecasted using statistical regression. Forecast Capture—Forecast percentage of guests who will patronize the business on a given day in a revenue center period. This calculation uses the KBI configured as the capture KBI in the KBI configuration. Last Week Capture—Actual percentage of guests who patronized the business on the same day last week in a revenue center period. This calculation uses the KBI configured as the capture KBI in the KBI configuration. Last Year Capture—Actual percentage of guests who patronized the business on the same day last year in a revenue center period. This calculation uses the KBI configured as the capture KBI in the KBI configuration. 4 Week Average Capture—Average percentage of guests who have patronized the business on the same day for the last four weeks in a revenue center period. This calculation uses the KBI configured as the capture KBI in the KBI configuration.	Read-only.

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