COMPLETION QUESTIONS Yield Management Systems

question 23

Essay

COMPLETION QUESTIONS
Yield Management Systems
Profit-Oriented
Volume-Oriented
Value
Price/Demand Elasticity
Fixed
Variable
Contribution Margin
Breakeven Point
Price Bundling
Pure Price Bundling
-A service's _____________ is the number of units of a service that need to be sold or the number of customers that need to be served to cover costs.

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Definitions:

Synclines

Downward-curving folds in sedimentary strata, opposite of anticlines, which can also be indicators of oil and gas deposits.

Cleavage

In geology, the tendency of crystalline materials to split along definite crystallographic structural planes, creating flat, shiny surfaces.

Monocline

A geological feature where sedimentary layers are tilted or bent along a single axis.

Strike-Slip Fault

A type of fault where the movement is predominantly horizontal, caused by shear stress, often resulting in earthquakes.