Yield Management Systems Are Used

question 10

Multiple Choice

Yield management systems are used:

• A)to eliminate the problem of simultaneous production and consumption from services.
• B)only in service industries.
• C)to establish price equilibrium.
• D)to make profitable use of the unused capacity of perishable goods.

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Definitions:

Adulthood

A period in human development after adolescence characterized by full physical growth, psychological maturity, and social responsibility.

Reflexes

Involuntary and nearly instantaneous movements in response to stimuli, highlighting the nervous system's role in bodily function.

Childhood Experiences

Events or circumstances encountered during one's early years of life that can significantly influence behavior and development.

Empirically

In a manner based on observation or experience rather than theory or pure logic.