The Process of Determining the Percentage of Seats to Be

question 17

Multiple Choice

The process of determining the percentage of seats to be assigned to different fare classes in the airline industry is an example of

• A)disaggregation
• B)diseconomies of scale
• C)the assignment method
• D)revenue management

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Definitions:

Single Input Value

A term that typically refers to a function or operation in various programming and software contexts, where only one input value is required or processed at a time.

Expense Values

The costs or charges associated with the operation of a business or the execution of a project.

Goal Seek

A function in spreadsheet applications that finds the input value needed to achieve a targeted outcome by altering one variable.

Targeted Profit

The specific amount of profit that a business aims to achieve within a certain period.