Yield or Revenue Management Would Not Be So Appropriate If

question 2

Multiple Choice

Yield or revenue management would not be so appropriate if which of the following circumstances is present?

• A)Uncertain demand
• B)Perishable capacity
• C)The market is homogeneous
• D)Capacity is sold in advance
• E)All of the above are appropriate

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Definitions:

Interest

The cost of borrowing money or the payment received for lending money, usually expressed as a percentage of the principal.

Investment

Investment involves allocating resources, usually money, with the expectation of earning an income or profit over time.

Days

Units of time measurement equating to approximately 24 hours, representing the approximate period of the Earth's rotation on its axis.

Grow

An increase in size, number, value, or strength over a period of time.