Which of the Following Statements About Yield Management Systems (YMS)is

question 58

Multiple Choice

Which of the following statements about yield management systems (YMS) is true?

• A) The first use of YMS was in the U.S.car industry as it looked for ways to compete with imports.
• B) YMS eliminate the problem of simultaneous production and consumption from services.
• C) YMS cannot be used by any other businesses but services.
• D) YMS are complex pricing systems used to set equilibrium pricing points.
• E) YMS are mathematically complex systems to make use of underutilized capacity and reduce the cost of perishability.

Understand the concept of common factors and how to identify them for given numbers.

Comprehend the basics of converting numbers between fractions, decimals, and percentages.

Learn and apply the representation of numbers in Roman numerals.

Grasp the principles of exponential notation and its application in mathematical expressions.

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Definitions:

Helping Behaviour

Actions taken to assist or benefit another individual or group without expectation of reward.

Snoring

The hoarse or harsh sound that occurs when air flows past relaxed tissues in the throat, causing the tissues to vibrate during sleep.

Weight

A measure of the gravitational force acting on an object, commonly used in various contexts to indicate the heaviness of an object.

Correlation

A numerical indicator showing the degree to which two or more variables move in relation to one another.