Hostlight Industries Operate a Chain of Moderately-Priced Motels Across the United

question 53

Multiple Choice

Hostlight Industries operate a chain of moderately-priced motels across the United States.There are many businesses that compete with them for tourist dollars,and some nights during the tourist season their motels are only half full.Other nights,they have to turn away guests because there are no vacancies.Assuming the quality of the room and the services provided by the motels remain the same,Hostlight Industries could use _____ to fill unused rooms.

• A) a yield management system
• B) a capacity correlation system
• C) service forecasting tools
• D) a service management system
• E) capacity maintenance tools

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Definitions:

Credit Balance

The amount appearing on the credit side of a ledger, indicating the total credits exceed the total debits in an account.

Debit Balance

It is the remaining amount owing in an account after all debits and credits have been accounted for, typically found in asset and expense accounts.

Recorded By Credits

Recorded by Credits refers to accounting entries made on the credit side of an account, indicating an increase in liabilities, revenue, or equity, or a decrease in assets.

Decreases

A reduction in the quantity, size, or value of something.