At this step, you have the option to make additional settings that can further refine your Budget optimiser model. You can choose from pre-selected default options or define your own settings based on your specific requirements.
1. Choose the number of lookback days
The lookback days refers to the number of days in the past, starting from today and going back to the specified number. By default, it is set to 30 days, but you can easily adjust it according to your needs. Ideally, the lookback days parameter should align with the length of the conversion window applicable to a specific business.
For example, if today is September 1st, 2024, and the selected lookback days parameter is set to 30 days, it means that the budget optimiser model will consider data from August 2nd, 2024, to August 31st, 2024, for modelling purposes.
2. Choose the desired output currency
When viewing the data within Alvie, all currency-related metrics in the dashboards, tables, and graphs will be displayed in the currency specified for your workspace. However, if you need to reference BigQuery tables, such as the dashboard_table, and define a different currency for the output data in that table, you can specify the desired currency in this field.
3. Activate the budget optimiser model
Once you have completed the settings in Step 5, you can proceed to activate the newly created Budget optimiser model. By clicking the 'Yes, activate now' button, the Budget optimiser model will start functioning. However, please note that it may take some time for all the necessary data to be calculated accurately.
You also have the option to save the created configuration for the budget optimiser model as a draft and activate it at a later time. If you choose to do so, click 'Save without activating'. You can then activate your model later from the Budget optimiser configurations overview page.