Summary
The Elasticity tab of Forecast Manager allows you to view/select your Price Elasticity Curve for a given hierarchy node selection
It is located primarily in the bottom half of the Forecast Manager screen, in amongst the other settings tabs.
Settings
Type:
- None- No price elasticity curve is selected for the given hierarchy node
-
Simple - a simple price elasticity curve is selected for the given hierarchy node
- Elasticity- Similar to the Default Price Elasticity Settings value. This is the negative slope of the demand line in response to increase in price. This is typically a value in the 0 to -5.0 range.
-
Custom- you wish to apply an existing Custom Elasticity Curve for the given hierarchy node
- Custom Elasticity Curve- which Custom Elasticity Curve from the Custom Price Elasticity Curves screen that should be applied