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1. Identify one of the group pricing capabilities that can be accessed through one Yield -
Correct Answer: Total Yield
2. Identify the key supply metrics found in One Yield - Correct Answer: Available
Transient Supply
3. One Yield uses key demand and supply metrics to calculate system outputs like transient
retail rates, hurdle revenue, inventory authorizations, group pricing and financial
forecasts. - Correct Answer: True
4. Inputs from other systems impacts the accuracy of One Yield's recommendations and
outputs. How can you ensure accurate inputs? - Correct Answer: Ensure there are
processes in place that ensure accuracy and timeliness from others who impact the data
coming into One Yield.
5. How would the relationship between One Yield and group business evaluations be
described? - Correct Answer: Group business evaluation is influenced by One Yield's
demand and supply forecasts.
6. What are the benefits of the Retail Pricing Optimizer? - Correct Answer: Improved
results, time saving and optimal recommendations.
,7. Remaining unconstrained transient demand forecast is one of the factors the Retail
Pricing Optimizer considers when formulating retail rate recommendations. What are
the others? - Correct Answer: Competitive positioning, rate responsiveness, available
transient supply, and RPO settings.
8. What are the items needed to ensure the accuracy of the data being used by RPO to
provide an optimal retail rate recommendation? - Correct Answer: Unconstrained
transient remaining demand forecast, group available transient supply, and RPO settings.
9. Identify the three foundational revenue management concepts that are the drivers used
by the Retail Pricing Optimizer. - Correct Answer: Demand Forecast, competitive
position, and rate responsiveness.
10. What are the five steps of the Transient Revenue Management process in One Yield? -
Correct Answer: Demand, Supply, Rates, Hurdle and Inventory.
11. What is the main purpose of the ADVisor in One Yield? - Correct Answer: The
ADVisor streamlines the five-step transient revenue management process by highlighting
key data and action steps.
12. What are the benefits of One Yield's ADVisor? - Correct Answer: All of the options
listed.:
Provides an intuitive user experience, facilitating a streamlined process.
Consolidated display reduces time spent searching various systems for information.
Alerts you of priority and abnormal situations that require your attention.
Information is conveyed in commonly used business terms for easy understanding.
13. Active Alerts indicate a system processing failure has occurred and are identified as an
exclamation in an orange circle. - Correct Answer: True
, 14. How do you manage active alerts in One Yield? - Correct Answer: Review all active
alerts in the order of the five-step process. Click the exclamation mark and open the
transaction log.
15. Which of the following statements is NOT true of Priority Dates? - Correct Answer:
They are defined by the user to keep track of possible important events and there are no
conditions prompting them.
16. Which one of the following statements is the best description of Watch Dates? -
Correct Answer: They are defined by the user to keep track of important dates.
17. Which statement best explains how Priority and Watch Dates streamline the Revenue
Management process? - Correct Answer: They identify dates that require your
attention and possible action.
18. Why is it important to apply proven demand and supply science, monitor demand and
manage supply increases? - Correct Answer: It will result in better outputs that will
maximize revenue and profit for Marriott properties.
19. What would the effect in One yield be if group supply projections are over-forecasted? -
Correct Answer: One yield will think there is less available transient supply to sell to
the transient customer.
20. As the revenue manager reviews demand forecasted for dates that will roll into
inventory, when will they adjust the remaining transient demand forecast? - Correct
Answer: When they anticipate changes in the market that will impact demand over
these dates, which have not yet been entered into One Yield.
21. Select the factors One Yield considers when formulating the Unconstrained Transient
Demand Forecast. - Correct Answer: All the Options: