The Adjustment of Price to Maximize the Revenue Obtained from Available

question 112

Multiple Choice

The adjustment of price to maximize the revenue obtained from available capacity that will be lost if not used is referred to as

• A) anticipation inventory.
• B) yield management.
• C) workforce adjustment.
• D) chase strategy.

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Definitions:

Clinical Psychology

A branch of psychology focused on diagnosing and treating mental, emotional, and behavioral disorders through therapy and interventions.

Humanistic Psychology

A psychological perspective which emphasizes the study of the whole person and the uniqueness of each individual, often focusing on concepts such as free will, self-efficacy, and self-actualization.

Early History

The initial stages or periods in the development or formation of a society, institution, or phenomenon.

Cognitive Psychologists

Scientists who study mental processes such as perception, memory, language, problem-solving, and thinking.