ONE YIELD v2 Certification GUARANTEED PASS !!
What is the order of the 5 step Transient revenue management process? - (ANSWER)1.Demand 2.Supply
3.Rates
4.Hurdle
5.Inventory
What 4 sections are on the ADVisor screen? - (ANSWER)Priority dates, calendar, key metrics, actions
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.
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.
Room Collections - (ANSWER)groupings of MARSHA room pools that have similar booking windows and
demand patterns.
T/F all existing room pools must be assigned to a room collection - (ANSWER)True
T/F A room pool can be assigned to more than one room collection - (ANSWER)False
Room Collections are utilized on the ___,___,___ and screens - (ANSWER)demand, rates, and hurdle
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
How many years of historical data does the unconstrained transient demand forecast consider? - (ANSWER)3
years
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, 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.
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.
The Unconstrained Transient Demand Forecast is a rate _______ forecast. - (ANSWER)Elastic
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
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)
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.
How do you access the demand info by demand segment and room collection? - (ANSWER)Clicking on the
arrow at the bottom of the demand grid
T/F Room Collections are made up of groupings of room pools - (ANSWER)True
T/F Available Transient Supply is used to calculate the inventory outputs - (ANSWER)False- Total Hotel
Authorizations
The ______ is the number of rooms that one yield recognizes as available for sale to transient customers. -
(ANSWER)Available transient supply
How do you update data listed on the Available Transient Supply Screen? - (ANSWER)by launching the four
supply screens and making changes there that will input into supply screen.
What is the information on the available transient supply screen used to calculate? - (ANSWER)Rates & Hurdle
Revenue outputs
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What is the order of the 5 step Transient revenue management process? - (ANSWER)1.Demand 2.Supply
3.Rates
4.Hurdle
5.Inventory
What 4 sections are on the ADVisor screen? - (ANSWER)Priority dates, calendar, key metrics, actions
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.
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.
Room Collections - (ANSWER)groupings of MARSHA room pools that have similar booking windows and
demand patterns.
T/F all existing room pools must be assigned to a room collection - (ANSWER)True
T/F A room pool can be assigned to more than one room collection - (ANSWER)False
Room Collections are utilized on the ___,___,___ and screens - (ANSWER)demand, rates, and hurdle
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
How many years of historical data does the unconstrained transient demand forecast consider? - (ANSWER)3
years
Page 1 of 7
, 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.
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.
The Unconstrained Transient Demand Forecast is a rate _______ forecast. - (ANSWER)Elastic
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
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)
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.
How do you access the demand info by demand segment and room collection? - (ANSWER)Clicking on the
arrow at the bottom of the demand grid
T/F Room Collections are made up of groupings of room pools - (ANSWER)True
T/F Available Transient Supply is used to calculate the inventory outputs - (ANSWER)False- Total Hotel
Authorizations
The ______ is the number of rooms that one yield recognizes as available for sale to transient customers. -
(ANSWER)Available transient supply
How do you update data listed on the Available Transient Supply Screen? - (ANSWER)by launching the four
supply screens and making changes there that will input into supply screen.
What is the information on the available transient supply screen used to calculate? - (ANSWER)Rates & Hurdle
Revenue outputs
Page 2 of 7
