Which of the Following Is NOT an Approach to Yield

question 27

Multiple Choice

Which of the following is NOT an approach to yield management?

• A) Varying service types
• B) Pure service delivery
• C) Over-booking
• D) Price discounting

Calculate basic statistical measures from graphical representations.

Evaluate the appropriateness of graphical representations for given data sets.

Analyze distribution features such as symmetry, modality, and outliers.

Demonstrate an understanding of the principles behind constructing pie charts and bar graphs.

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Definitions:

Activity Bases

Measures that assign costs to cost objects based on their use of activities; used in activity-based costing.

Mixed Cost

A cost consisting of both fixed and variable components and changes in response to variations in production or sales levels.

Variable And Fixed Cost

Expenses that include both variable costs, which fluctuate with production or service levels, and fixed costs, which remain constant regardless of activity.

Mixed Cost

A cost consisting of a fixed component and a variable component, changing in total with the level of activity but remaining constant per unit.