Parameter: Number of days to look back for titles with classification group “Unknown”

Data type:

Numeric (number of days)

Minimum value:

90

Maximum value:

730

Can be empty:

No

Can be set at the system level:

Yes

Can be set at the branch level:

No

Description

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The parameter specifies how many days should be looked at retroactively when title statistics are calculated for titles belonging to the “Unknown” classification group.

In other words, the parameter controls the length of time examined in the history of items used during calculation of the title’s loan trends. This is an essential part of the data basis for automatic life cycle management.

Please note: A longer period does not necessarily provide a more accurate picture. The loan pattern for a title changes of course over time, and the longer the period of calculation is, the longer it takes for these changes to be fully reflected in the title statistics.