Revenue Management May Be Defined as

question 49

Multiple Choice

Revenue management may be defined as

• A)the use of differential costing based on product or capacity availability to decrease supply chain cost.
• B)the use of differential costing based on customer segment,time of use,and product or capacity availability to increase profitability.
• C)the use of differential pricing based on customer segment,time of use,and product or capacity availability to decrease supply chain surplus.
• D)the use of differential pricing based on customer segment,time of use,and product or capacity availability to increase supply chain surplus.

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Definitions:

Night Vision

The ability to see in low-light conditions, which can vary significantly among different organisms and technologies designed to enhance human nighttime visibility.

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and functioning best in relatively bright light.

Rods

Light-sensitive cells in the retina that function in low light.

Color Vision

The ability of an organism to differentiate various light wavelengths, enabling it to see and interpret a range of colors.