Example Package Item Price Revenue Estimate

In 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 the following table.

Level 1

Level 2

Level 3

Unit Net Price

Ext Net Price

Qty

Extended Qty

Per Person Allocation

Revenue Category

Revenue Estimate

Package 1

N/A

N/A

N/A

N/A

1

1

N/A

N/A

N/A

Package 1

Event Order Item 1

N/A

5.00

50.00

10

10

N/A

Audio-visual

50.00

Package 1

Menu

N/A

5.00

100.00

20

20

N/A

Food

100.00

Package 1

Menu

Menu Item 1

N/A

N/A

1

20

N/A

N/A

N/A

Package 1

Menu

Menu Item 2

N/A

N/A

1

20

N/A

N/A

N/A

Package 1

Package 2

N/A

50.00

100.00

2

2

N/A

N/A

N/A

Package 1

Package 2

Event Order Item 2

N/A

N/A

2

4

40.00

Food

80.00

Package 1

Package 2

Event Order Item 1

N/A

N/A

1

2

10.00

Food

20.00

The revenue estimates for the various revenue categories are shown in the following table.

Revenue Categories

Revenue Estimates

Audiovisual

50.00

Rental

0

Food

200.00