One Problem in the Interstate Trucking Industry Is the Number

question 307

Multiple Choice

One problem in the interstate trucking industry is the number of trucks that return empty after making a delivery. There is a website where independent interstate truckers can look for loads to carry on their return trips, known as backhauls. Because the trucks would normally return empty, truckers who use this website to generate business they would not have had otherwise receive a reduced shipping rate. This reduced rate for a backhaul is an example of

• A) penetration pricing.
• B) target pricing.
• C) cost-plus pricing.
• D) odd-even pricing.
• E) yield management pricing.

---

Definitions:

Annual Revenue

The total income generated by a company or organization in one fiscal year before any deductions are made.

Standard Deviation

A metric that reflects the degree of spread or scattering of values within a collection, illustrating the deviation of values from the central mean.

Probability

An assessment of the probability that a specific event will happen.

Heights of Men

A statistical data point or measure that refers to the distribution and measurement of stature among the male population.