{% extends "global/Page.html" %}
{% load otree static %}

{% block title %}
    Instructions
{% endblock %}

{% block content %}


    <br/>
    <br/>


    <h4>Initial Situation</h4>
    <p>
        You own a private brewery.
        There is one big customer you <strong>supply on a monthly basis</strong>.<br/>
        You are responsible to make sure that the customer's demand is fulfilled to the best extent possible.<br/>
        In order to do so, you have to <strong>decide how much beer</strong> (in liter) should be <strong>produced per month</strong>.
    </p>

    <p>
        There are sources of <strong>supporting information</strong> that can be taken into account for the decision making process:
        <ul>
            <li>
                Actual demand in past months.
            </li>
            <li>
                Forecast made by your sales department.
            </li>
            <li>
                Forecast made by an algorithm.
            </li>
        </ul>
    </p>

    <p>
        Every month, there are <strong>two stages</strong> you have to go through for making a forecast.<br/>
        In a <strong>first stage</strong> the actual demand of the five recent months and the sales forecast will be presented.<br/>
        In a <strong>second stage</strong> additionally the algorithm forecast will be available.
    </p>

    <h4>Task Description</h4>
    <p>
        Your task is to <strong>insert </strong> a numeric value as a <strong>forecast</strong> for the amount of beer that will be produced for the next month to come.<br/>
        In the first stage of each forecasting scenario you give your <strong>initial forecast</strong>.<br/>
        In the second stage of each forecasting scenario you are allowed to enter a <strong>new forecast</strong>.<br/>
        It is up to you to stay with the initial value (by entering the same value again) or to adjust.
    <p>
        In total you will plan for an entire year, so there are <strong>12 successive forecasting scenarios</strong> to be made.
    </p>
    </p>
    <h4>Payoff</h4>
    <p>
        Each participant starts with an <strong>initial payoff of {{ Constants.endowment }}</strong>.
        Your <strong>decisions</strong> should be as close as possible to the real demand in order to <strong>increase your payoff</strong>.
        Larger deviations from the real demand result in a smaller increase or add no value at all.<br/>
    </p>
    <p>
        At the end of the game you will receive ... according to your absolute payoff
        in relation to other participants absolute payoff.
    </p>

    {% next_button %}

{% endblock %}