Which of the Following Is Not a Characteristic of Yield

question 41

Multiple Choice

Which of the following is not a characteristic of yield management?

• A) Capacity is relatively fixed.
• B) There is one homogeneous customer class.
• C) The service is considered a perishable inventory.
• D) Demand fluctuates yet is somewhat predictable.

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Definitions:

Population Mean Score

The average score or value of a specific variable for the entire population of interest.

SAT

A standardized test widely used for college admissions in the United States, assessing mathematical, reading, and writing skills.

Confidence Interval

A range of values, derived from the statistics of the observed data, that is likely to contain the value of an unknown population parameter.

Null Hypothesis

The hypothesis in statistical testing that assumes no significant difference or effect in the population; it is the hypothesis that researchers aim to test against.