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Siebel Hospitality Guide > Managing Property-Specific Menus and Packages > Revenue Estimate Examples for Menus and PackagesThe examples in this topic illustrate several system-calculated revenue estimates, as follows:
Example Package Per Person or Package Each Revenue EstimateIn this example, the ultimate parent package is a Package Per Person or a Package Each. This ultimate parent package has a unit net price of $75. You must manually set the per person allocations of the child items to equal $75. The quantity of each child item is irrelevant to the revenue estimating process. The line item details of this example are displayed in Table 61. The revenue estimates for the various revenue categories are listed in Table 62. Example Package Item Price Revenue EstimateIn this example, the ultimate parent package is a package item price. Siebel Hospitality does pricing and revenue estimating on each child item individually and ignores the parent package item price. The line item details of this example are displayed in Table 63. The revenue estimates for the various revenue categories are listed in Table 64. Example Menu Per Person Set Price Revenue EstimateIn this example, the parent package is a set price menu. The menu has a price and a revenue category. There are no per person allocations. The revenue estimate equals the extended net price of the menu. The line item details of this example are displayed in Table 65. NOTE: If the menu is a child item of a Package Each or a Package per Person, it might have a per person allocation. In this case, the revenue estimate is based on the per person allocation. The revenue estimates for the various revenue categories are listed in Table 66. Example Menu Per Person Split Price Revenue EstimateIn this example, the parent package is a split price menu. The price of the menu depends on the selections the customer makes. Here the customer can either choose Menu Item 1 or Menu Item 2. Each item has a price and a revenue category. The revenue estimate is equal to the extended net price of the split items. The line item details of this example are displayed in Table 67. The revenue estimates for the various revenue categories are listed in Table 68. |
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