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Over time,artificial intelligence will be used to set room prices in large hotel chains,such as Marriott hotels and resorts.
Schedule
A schedule is a detailed plan that outlines specific activities or tasks along with their intended start and finish times, designed to achieve an objective.
Gross Profit Method
An inventory estimation technique that calculates inventory value by applying gross profit margins to sales.
Insurance Claim
A request for payment made by an insured individual to their insurance company, seeking compensation for a covered loss or policy event.
Inventory Loss
The loss of inventory due to factors such as theft, spoilage, or obsolescence, impacting the total inventory value.
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