Attach Rates
· Attach rate is used to generate the forecast for the complimentary product.
· The sales of these products depend on the sales of the primary product.
· Statistical technique is applied to the primary product to generate the forecast.
· Based on the percentage or attach rate on the primary product forecast, the complimentary product forecast arrives.
Primary Product Id | Product on which forecasting has been generated. |
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Complimentary Product Id | Compliment product on which attach rate needs to be used. |
Rate | Percentage rate of attachment. If it is not populating, then tool will calculate automatically based on the column History Period in Years. |
History Period in Years | If the Rate column is not populated, then tool calculates automatically based on the period of history defined in this column. |
· Click on Add icon to define Primary Product and its complimentary Product.