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PIPKINS' Maxima AdvantageŽ has a feature called a "Special Event" that is used to isolate and weight historical statistics when producing a forecast. A Special Event may simply exclude historical data from the forecast (like the time that you sold the Faberge Egg; not many of those around), or you can use a Special Event to inform the Forecaster to treat historical statistics deferentially.
You may assign "Correlation Attributes" to a Special Event. These attributes can limit the inclusion of historical data that meet a certain condition, or weight the importance of historical statistics used in the forecast. You first define a Special Event to encompass the days and times that the jewelry show airs. This tells Maxima Advantage that historical statistics for these periods of time should be treated differently. You then assign Correlation Attributes that allow the system to discount or augment these statistics when used by the Forecaster. The graph below shows how Maxima Advantage handles your pricing problem.
Correlation Attributes may also be used to include historical statistics based on a limiting factor. You can assign different attributes to each of your jewelry show hosts. Maxima Advantage can then include only the historical statistics that were produced when a certain host appeared on the show. The graph below shows how Maxima Advantage handles the hosting problem.
By assigning both types of Correlation Attributes to a Special Event you have included only the historical data received when a certain host appears on the show, and you may weight these data based upon the sales price of the item. The graph below shows how Maxima Advantage incorporates both types of Correlation Attributes to produce an accurate forecast.
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