ONE YIELD V2 CERTIFICATION UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

ONE YIELD V2 CERTIFICATION UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS

Question:
1. What is the order of the 5 step Transient revenue management process?
Answer:
1.Demand 2.Supply
3.Rates
4.Hurdle
5.Inventory

Question:
2. What 4 sections are on the ADVisor screen?
Answer:
Priority dates, calendar, key metrics, actions

Question:
3. What are Active Alerts? How are they indicated?
Answer:
Indicates a system processing failure. Indicated by an orange circle under the step of the Revenue
management process affected.

Question:
4. How often are priority dates generated?
Answer:
generated upon the first optimization of the day.
Priority dates for Rates and Inventory will update throughout the day when intraday optimizations occur.

Question:
5. Room Collections
Answer:
groupings of MARSHA room pools that have similar booking windows and demand patterns.

Question:
6. T/F all existing room pools must be assigned to a room collection
Answer:
True

Question:
7. T/F A room pool can be assigned to more than one room collection
Answer:
False

Question:
8. Room Collections are utilized on the ___,___,___ and screens

, Answer:
demand, rates, and hurdle

Question:
9. What make up the key metrics for the Demand Advisor
Answer:
Applied remaining demand vs. system remaining demand stly, total transient demand vs. stly, transient
booked vs. stly

Question:
10. How many years of historical data does the unconstrained transient demand forecast consider?
Answer:
3 years

Question:
11. What would be a situation causing an override in demand?
Answer:
An out of the ordinary situation is anticipated and one yield has not yet recognized it.

Question:
12. Should you click save or implement first after a demand overide?
Answer:
Save first then if there are no other changes to be made to the other ADVisor screens click implement.

Question:
13. The Unconstrained Transient Demand Forecast is a rate _______ forecast.
Answer:
Elastic

Question:
14. T/F if a retail rate other than the recommended rate is implemented, One Yield will adjust the
remaining transient de4mand forecast accordingly.
Answer:
True

Question:
15. What is included in Group projections on the demand graph?
Answer:
definite+tenative (revenue planning)+ Comp rooms (mkt code)+ Contract (Revenue Planning)+
allotments+ Group to-bes (if included in manage supply screen)

Question:
16. Why would you want to lock overides?
Answer:
to protect the dates from being cleared when you are clearing overides for a range of dates.