What Are Yield Management Systems (YMS)

question 69

Essay

What are yield management systems (YMS).In what type of industry were they first used?

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Definitions:

Glaciers

Massive, slow-moving bodies of ice that form where snow accumulates faster than it melts, often moving under their own weight.

Mountains

Elevated portions of the Earth's surface, usually forming ranges or peaks, created by tectonic forces or volcanism.

Sand

Fine grains of minerals or rock fragments, often found on beaches and deserts, formed due to weathering and erosion of rocks.

Sediments

Particles of rock, mineral, or organic materials that are transported by wind, water, or ice and deposited on the surface of the Earth.