The Target Frequency determines how the target values are displayed on the chart for each time interval. This is configured on the Configuration menu of the KPI. The available options for Target Frequency are:
- Daily
- Weekly
- Monthly
- Quarterly
- Yearly
For this example, we will explain the difference between when the target frequency is set at Daily and when the Target Frequency is set at Monthly (the Performance Period will be set at Current Month in both examples).
For the month of January, we have inputted the values as follows:
When our Target Frequency is set at Daily, the chart is displayed as follows (please take note of the filters):
This means that because the Target Frequency has been set to Daily, the Target value of 1000 is accounted for on a daily basis and will therefore, remain 1000.
When the Target frequency is set at Monthly, the chart is displayed as follows (please take note of the filters):
- The Monthly and Quarterly Target Value is 1000
- The weekly target value for the week of 25-31 January is 225.81 (1000 / 31 days) * 7 days
- The daily target on 31 January is 32.26 (1000 / 31days)
Please note that the Calendar option also impacts on the target values. For example, if the calendar option is based on production days, if your target frequency is set at Monthly, the calculation will take into account the production days and exclude any weekends.