A Hotel Using Yield Management Would ________ Prices If Demand

question 21

Short Answer

A hotel using yield management would ________ prices if demand is higher than expected only if the expected result is ________.

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Definitions:

Ambiguity

The presence of uncertainty or unclear meaning in language or situations.

Outside Evidence

refers to information not contained within the principal documents of a case, used to support a legal argument.

Party Responsible

The entity or person held accountable for an action or the fulfillment of an obligation.

Overstock

It refers to an excessive amount of inventory that a business holds, which exceeds the demand for those products.