From an Operational Perspective, Yield Management Is Least Effective Under

question 61

Multiple Choice

From an operational perspective, yield management is least effective under which of the following circumstances?

• A) Demand can be segmented by customer.
• B) The product can be sold in advance.
• C) Demand is highly variable.
• D) Fixed costs are high, and variable costs are low.
• E) Demand is stable and close to capacity.

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Definitions:

Financial Ratio

A quantifiable metric comparing two relevant numbers from a company's financial statements, used to assess its financial health.

Inputs and Outcomes

The resources invested in a process (inputs) and the results yielded from that process (outcomes), used to evaluate efficiency and effectiveness.

Logic Model

A systematic and visual representation of how a program or project is intended to work, including its inputs, outputs, and outcomes.

Systems Theory Model

An interdisciplinary theory about the nature of complex systems in nature, society, and science, suggesting components interact within a system to fulfill its purpose.