6 Regular Pricing Optimization - What-If Run

To create a what-if run for Regular Pricing Optimization, the pricing analyst must first ensure the Regular tab is selected from the Run Overview page. On clicking the Create icon from the Run Overview table, the system opens the Run Overview tab, where the user can define the scope, select the applicable strategy, and view the business rules applied to the run. Before creating the run, it is essential to complete any required forecast configuration steps to ensure accurate demand estimation and enable valid optimization outcomes. Regular Pricing Recommendation can be done in two ways: forecast-based (using historical data) and non-forecast-based (using pre-defined rules).

• To create runs to apply forecast based strategies (for example, revenue, volume, and so on), it is essential to complete any required forecast configuration steps to ensure accurate demand estimation and enable valid optimization outcomes.
• To create runs to apply only rules-based engine that is triggered by pricing conditions, not forecasts, set RSE_CONFIG.PRO_LPO_REGULAR_LITE_ENABLED_FLG to Y.