What Are Yield Management Systems? in What Type of Industry

question 115

Essay

What are yield management systems? In what type of industry were they first used?

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Definitions:

Freedoms

The powers or rights to act, speak, or think as one wants without hindrance or restraint.

Extreme Poverty

A condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education, and information.

East Asia

A geographical region that includes countries such as China, Japan, South Korea, and North Korea, known for its significant cultural, economic, and political influence.

China

is a country in East Asia, known for its vast population, rich history, and significant influence on global economics and politics.