|
|
|
Configuration Tab Hurdle Schedule
The Hurdle Schedule Dashboard allows you to schedule the Optimizer when hurdles get activated in OPERA at the specific times for which you schedule them. This functionality is available once your hurdles have already been approved and applied, and the Enable Application of Hurdles and Overbookings check box is selected on the Configuration Tab Alerts and Rules.
The system checks if a Hurdle Schedule exists for today's date and then applies the hurdles in OPERA according to the schedule. If a Hurdle Schedule is not set up, ORMS updates OPERA with hurdle rates in real-time according to the default Optimizer schedule (Configuration>Miscellaneous Tab), i.e. every 15 minutes. However, you may want to set up a Hurdle Schedule if you want to ensure rate parity.
Hurdle Schedules can be scheduled for a certain season, dates, days of the week, and in frequency of minutes or days, or in certain time intervals. Hurdle Schedules can also apply to Prevailing Rates and Daily Rates. See Hurdle Schedule Scenarios below for examples.
Note: Please be aware that a large volume of Archive and Redo logs may be generated if you use Daily Rates or Prevailing Rates functionality and update hurdle rates in either real-time or through a hurdle schedule that is configured for short intervals.
Access the Hurdle Schedule tab by selecting Configuration>Hurdle Schedule.
Users must be granted permissions to view, configure, delete, or edit hurdle schedules.
CONFIG HURDLES - When this permission is granted, the user will be able to access and view the Hurdle Schedule screen. If the user is not granted this permission, the Hurdle Schedule screen is grayed out. Even if users are granted this permission, they will not be able to create, edit, or delete hurdle schedules unless the following permissions have been granted.
CONFIG HURDLES EDIT - This permission grants users the ability to create and edit hurdle schedules.
CONFIG HURDLES DELETE - This permission grants users the ability to delete existing hurdle schedules.
Once a hurdle schedule is configured, the hurdle rates will not be activated in OPERA in real-time, but will be applied according to the hurdle schedule.
Note: Hurdle Overrides on the Recommendation screen will be updated in OPERA immediately, regardless of the Hurdle Schedule that is in place.
Edit. Select to edit the details of the selected, existing hurdle schedule. See Create or Edit Hurdle Schedule below.
Delete. Select to delete the selected hurdle schedule.
New. Select to create a new hurdle schedule. See Create or Edit Hurdle Schedule below.
Refresh. Select this button to update the grid when a hurdle schedule has been edited, or to view the 'Next Run Time' or 'Last Run Time' entries for this schedule.
Select. Select the radio button to specify the hurdle schedule that will be edited or deleted.
Schedule Code. The code that identifies the hurdle schedule.
Description. The description of the hurdle schedule.
Season Code. The selected season for when the hurdle schedule applies.
Begin Date. The beginning date of the hurdle schedule timeframe.
End Date. The ending date of the hurdle schedule timeframe.
From Hurdle Day/To Hurdle Day. You can set up a schedule when only a certain amount of days within the timeframe will apply hurdles in OPERA. The From Hurdle Day/To Hurdle Day fields indicate when the hurdles will be active in OPERA, within the hurdle schedule timeframe (the timeframe specified in the Begin Date/End Date fields). The From Hurdle Day field indicates the beginning day from when hurdles will activate, based on the business day when this From Hurdle Day field was entered. For example, 0=today's business date, 1=1 day after today's business date, 2=2 days after today's business date, etc. The number in the To Hurdle Day indicates the number of days the hurdles will be active in OPERA in this schedule. As an example, if the To Hurdle Day is 14, the schedule will activate the hurdles in OPERA for 14 days.
Days of the Week. Beginning with S (Sunday), identifies the seven days of the week where hurdles will be activated in OPERA: Y = Yes.
Prevail. (Available when the Rates>Prevailing Rate by LOS application function is set to Y). Indicates that the prevailing rates will be updated and applied according to the Prevailing Rates hurdle schedule (Y=Yes, N=No). Y will appear when the Prevailing check box has been selected on the New or Edit Hurdle Schedule screen.
Note: Prevailing Rates will only be updated in OPERA if a valid Hurdle Schedule is configured.
Daily. (Available when the Rates>Daily Rates application function is set to Y). Indicates that the daily rates will be updated and applied according to the Daily Rates hurdle schedule (Y=Yes, N=No). Y will appear when the Daily check box has been selected on the New or Edit Hurdle Schedule screen.
Note: Daily Rates will only be updated in OPERA if a valid Hurdle Schedule is configured.
Schedule Type. The type of schedule, either (F) Frequency Based or (T) Time Based.
Frequency. Visible when the Schedule Type is Frequency Based. Indicates how often the hurdles are activated in OPERA, according to the Frequency Type selected.
Frequency Type. Visible when the Schedule Type is Frequency Based. Indicates the frequency of when the hurdles are activated in OPERA, either (D) Days or (M) Minutes.
Last Run Time. Indicates the last date and time the hurdles were activated in OPERA.
Next Run Time. Indicates the next date and time the hurdles will be activated in OPERA, according to the schedule.
Select the New or Edit button to access this screen, where you can create a new schedule or edit an existing one. The hurdle schedules are very flexible and offer you the opportunity to create new ones when your needs change, or to modify an existing one and change the existing elements.
Schedule Code. Enter the code that identifies the hurdle schedule.
Description. Enter the description of the hurdle schedule.
Season Code. The season for which the hurdle schedule applies.
Begin Date. The beginning date of the hurdle schedule timeframe.
End Date. The ending date of the hurdle schedule timeframe.
From Hurdle Day/To Hurdle Day. These fields indicate when the hurdles will be active in OPERA, within the hurdle schedule timeframe (the timeframe specified in the Begin Date/End Date fields). The From Hurdle Day field indicates the beginning day from when hurdles will activate, based on the business day when this From Hurdle Day field was entered. For example, 0=today's business date, 1=1 day after today's business date, 2=2 days after today's business date, etc. The number in the To Hurdle Day indicates the number of days the hurdles will activate in OPERA.
For Example:
The hurdle schedule timeframe is from Begin Date: 01-01-09 (January 1) and End Date: 30-06-09 (June 30). Today is January 6th. We want to set up this hurdle schedule configuration to start activating the hurdles in OPERA on January 10th, 4 days from today. So, in the Hurdle From Day field, we enter 4. We want to activate the hurdles until January 31st. That is for 21 days from January 10th. So, we enter 21 in the To Hurdle Day. This configuration will then activate hurdles in OPERA based on the other setup indicators, such as days of the week, frequency, etc. for 21 days, beginning on January 10th and ending on January 31st.
Prevailing. (Available when the Rates>Prevailing Rate by LOS application function is set to Y). Select this check box if the schedule is for a Prevailing Rate and you want the rate to get updated and applied to OPERA once this hurdle schedule is in effect. When selected, Y will display in the Prevail column of the Hurdle Schedule Configuration grid.
Note: Prevailing Rates will only be updated in OPERA if a valid Hurdle Schedule is configured.
Daily. (Available when the Rates>Daily Rates application function is set to Y). Select this check box if the schedule is for a Daily Rate and you want the rate to get updated and applied to OPERA once this hurdle schedule is in effect. When selected, Y will display in the Daily column of the Hurdle Schedule Configuration grid.
Note: Daily Rates will only be updated in OPERA if a valid Hurdle Schedule is configured.
Days of the Week. Beginning with S (Sunday), identify the days of the week where hurdles will be activated in OPERA: Y = Yes.
Schedule Type. Select the type of schedule, either (F) Frequency Based or (T) Time Based.
Frequency. Visible when the Schedule Type is Frequency Based. Indicates how often the hurdles will be activated in OPERA, according to the Frequency Type selected.
Freq Type. Visible when the Schedule Type is Frequency Based. Indicates the frequency of when the hurdles are activated in OPERA, either (D) Days or (M) Minutes.
When Time Based is selected, this screen appears.
When editing, change the existing time by entering the new time in the existing Schedule Time field. To delete an existing time, select the Schedule Time radio button and the Delete button.
When creating a new Schedule Time, select the New button. A blank Schedule Time field appears. Enter the new time and select the radio button for the Schedule Time you want.
Note: Note that the Schedule Time must be entered in the 24 hour, military format, i.e. instead of 7:30 p.m. it should appear as 19:30.
For hurdles to be applied in OPERA (whether there is a Hurdle Schedule or not) the Enable Application of Hurdles and Overbooking check box must be selected in ORMS>Configuration>Alerts and Rules screen.
See Also
|
|
|
|
||
