Viewing cost details for the forecasted events

In this page, you can view the forecasted event cost details for the identifier selected in the “View Forecast” page. The system retrieves the forecasted event cost details for the identifier, based on the values set in the “Work Center #”, “Forecast Duration", “Only Component Jobs”, “Part #”, “ATA” fields in the “Search Criteria” group box of the “View Forecasted Events” page.

Select the “View Forecast Cost” link in the “View Forecasted Events” page.

The “View Forecast Cost” page appears.

The system displays the following field:

Date Format

The format in which the date fields are displayed in this page. This format is displayed from the "User Preferences" business component based on the login user ID. In case the format is not defined, the system displays the date format from the "Enterprise Modeling" business component by default.

The system displays the following fields in the “Forecast Details” group box:

Identifier #	The aircraft registration number / aircraft model number / sub fleet number.
Identifier Type	The type of the identifier, which could be “Aircraft”, “Model” or “SubFleet”.
Forecasting Horizon	The duration for which the forecast was performed.
Only Component Jobs	The system displays "Yes” or “No”, to indicate the option set in the “View Forecasted Events” page.
Work Center #	The number identifying the work center where the work units are executed.
ATA #	The ATA chapter associated with the work unit.
Part #	The number identifying the part on which the work unit is executed.
Component Hierarchy	The display option for the work unit count, which could be “Display” or “Suppressed”.
Note: If the display option is “Display”, the cost details will be displayed for the parent and child components individually. If the display option is “Suppressed,” the cost details will be displayed at the parent component level.
Forecast Duration	The duration for which the forecasted event cost details are displayed.
Forecast Period	The forecast duration period which could be “Months” or “Years”.
Start Date	The start date of the forecast.
End Date	The end date of the forecast.

Note: The system displays the values set in the “Search Criteria” of the “View Forecasted Events” page, in the “Work Center #”, “Forecast Duration”, “Part #”, “ATA” fields.

The system displays the following:

Currency

The base currency of the login organization unit, which is retrieved from the "Enterprise Set Up" business component.

The system displays the following in the “Forecasted Event Cost Details” multiline:

Aircraft Reg #

The registration number of the aircraft for which the forecast was generated.

Note: If the forecast is done for an aircraft model or a sub fleet, the system displays all the aircraft registration numbers associated with the aircraft model or the sub fleet.

Cost Type

The type of cost incurred on the work units.

The system displays the following cost types in the order specified:

Material Cost

Material Cost = Material Cost incurred on scheduled work units + Material Cost incurred on unscheduled work units.

Note: The material cost will be equal to the cost incurred on the scheduled work units, if the “Historical Period For Unscheduled Cost Calculation” is not specified in the “Set Options” activity.

Resource Cost

Resource Cost = Resource Cost incurred on scheduled work units + Resource Cost incurred on unscheduled work units.

Note: The resource cost will be equal to the cost incurred on the scheduled work units, if the “Historical Period For Unscheduled Cost Calculation” is not specified in the “Set Options” activity.

Over Head Cost

Over Head Cost = Overhead Cost / Flight Hour * Average Flight Hours

Total Cost

Total Cost = Scheduled Cost + Unscheduled Cost + Overhead Cost.

Scheduled Cost

Scheduled Cost = Scheduled Material Cost + Scheduled Resource Cost

Un scheduled Cost

Unscheduled Cost = Unscheduled Material Cost + Unscheduled Resource Cost

Note: The “Unscheduled Cost” will not be displayed, if the “Historical Period For Unscheduled Cost Calculation” is not specified in the “Set Options” activity.

Note: The variation of the costs, for the forecast period, can be viewed in the Operating Cost Data Comparison Graph.

1-12

The costs incurred on the work units for each month/year.

The costs will be displayed for each month, if the forecast period is set as “Months”.

The costs will be displayed for each year, if the forecast period is set as “Years”.

Note: The value in column “1” corresponds to the value for the first month/year from the start date of the forecast.

The system displays the following in the “Summary Details” multiline:

Summary	The summary titles of the costs and resources, identified as a result of forecasting. The system displays the following summary titles in the order specified: Total Event Count The Total Event Count will be equal to the total number of work units that have been forecasted for the selected identifier. Total Event Cost Total Event Cost = Cost incurred on all the forecasted work units * Number of forecasted work units Average Cost Average Cost = Total Cost / Forecast Duration. The average cost for the 1-12 columns in the multiline is computed as: Total Event Cost / Event Count Total Man Hrs Total Man Hrs is equal to the sum of the total hours reported for resource of type “Skill” for each forecasted work unit. Note: For scheduled work units of type task or standard procedure, the resource hours will be retrieved from the “Maintenance Task” business component. For scheduled work units of type work package, the resource hours will be retrieved from the “Aircraft Maintenance Program” or the “Component Maintenance Program” business component. The resource hours will be retrieved from the unscheduled work orders and/or from “Flight log” business component, for unscheduled work units. Total Material Cost Material Cost = Material Cost incurred on scheduled work units + Material Cost incurred on unscheduled work units. Material Cost will be equal to the cost incurred on the scheduled work units, if the “Historical Period For Unscheduled Cost Calculation” is not specified in the “Set Options” activity. Man Hours./FH Man Hours/FH is computed as the ratio between the Total Man Hours and the Total Flight Hours over the forecasted period. Example: If the ‘Estimated Man Hrs’ is reported as 4 hours for a Task T1 and the ‘Average Flight Hours’ per day is 5, then the ‘Man Hrs./FH’ for the Task T1 that has been executed 1100 times in the forecast duration of 12 years, will be computed as: [(11004) / (536512)] = 0.22 Maintenance Cost/FH Maintenance Cost/FH is computed as the ratio between the Total Maintenance Cost (Total Maintenance Cost = Total Material Cost + Total Resource Cost), and the Total Average Flight Hours over the forecasted period. Example: If the ‘Total Maintenance Cost’ for a forecast duration of 12 years is 1,85,000$ and the ‘Average Flight Hours (FH)’ per day is 5, then the ‘Maintenance Cost/FH’ will be computed as: [1,85,000$ / (5365*12)].
Note: The system retrieves the flight hours from the “Flight Log” business component.
Total For 12 Periods	The total value of the costs and the resources associated for 12 months / years.
1-12	The value of the costs and resources associated with the work units executed for each month/year. The value will be displayed for each month, if the forecast period is set as “Months”. The value will be displayed for each year, if the forecast period is set as “Years”.

Note: The value in column “1” corresponds to the value for the first month/year from the start date of the forecast.

To Proceed carry out the following

Select the “View Event Cost Graph” link at the bottom of the page, to view the variation of the resources and the costs associated with the forecasted work units, with respect to the forecast period.

The system displays the following in the “Record Statistics” group box:

Created by	The login ID of the user who created the forecast.
Created Date	The date on which the forecast was created.