Yield Management Computers Can Determine Who Is Likely to Not

question 12

True/False

Yield management computers can determine who is likely to not show up or take other flights.

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Definitions:

Prevention Costs

The costs incurred to prevent defects in products or services, including quality planning and training.

Appraisal Costs

The expenses related to ensuring that a product or service meets quality standards, including the costs of inspections, testing, and quality audits.

Quality Cost Report

A financial report that outlines the costs associated with ensuring and maintaining the quality of products or services.

Appraisal Cost

Expenses related to the evaluation and inspection of products and services to ensure they meet quality standards and are defect-free.