Which of the Following Is a Reason Why Airline Yield

question 107

Multiple Choice

Which of the following is a reason why airline yield management is an effective method to increase revenue?

• A) Because airlines have invested heavily in developing computer models that identify optimal pricing strategies in the various market segments.
• B) Because airlines have successfully induced customers to reveal their resources and preferences by offering them different versions of the product, such as business class and coach plane tickets.
• C) Because a ticket is a contract to transport a specific person, and is not transferable.
• D) Because airlines have a monopoly in long-distance carriage.

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Definitions:

Overloading

The act of exceeding the recommended weight capacity of a vehicle, structure, or system, which can lead to various safety issues.

Sidesway

A phenomenon where a structure or vehicle exhibits lateral movement or sway, often due to uneven loads or external forces.

Section Modulus

A geometric property of a cross-section used in the design and analysis of beams, indicating the section's resistance to bending.