Industries in Which Quadrant of the Yield Management Matrix Are

question 60

Multiple Choice

Industries in which quadrant of the Yield Management Matrix are traditionally associated with revenue management? (In other words, in which quadrant are yield management techniques easiest to apply?
)

• A) use tends to be predictable and price tends to be fixed
• B) use tends to be predictable and price tends to be variable
• C) use tends to be uncertain and price tends to be fixed
• D) use tends to be uncertain and price tends to be variable
• E) all of the above; there is no difference

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Definitions:

Synthesis

The process of combining different elements or components to form a complex whole, often used in chemistry and biology.

Reversible

Capable of being returned to the original condition or position without altering its basic nature.

Oxidation

A chemical reaction in which a substance loses electrons, often leading to its combination with oxygen.

Energy Conversion

The process of transforming energy from one form to another, such as from chemical energy to mechanical energy.