This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What companies dominate the cruise line industry? What percentage of total industry revenue do they ... (Read 96 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Sep 11, 2019

Question 1

Can demand always be accurately forecasted? If not, why not?
 
  What will be an ideal response?

Question 2

What companies dominate the cruise line industry? What percentage of total industry revenue do they account for?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Sep 11, 2019

Answer 1

Not always. Various techniques of demand forecast are discussed in the chapter. Revenue management systems store a great deal of data that serves as a basic foundation for the demand forecast. However, data is static, and consumer behavior may shift even though the numeric values stored in the system may not change. Therefore, it is important to highlight to students that the accuracy of the demand forecast needs to be constantly monitored and if necessary a re-forecast should be developed.

Answer 2

Carnival and Royal Caribbean account for about 70 of industry revenue.


asan beg

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Sep 11, 2019
Thank you!


meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Sep 11, 2019
Always glad to help...


« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Volcanic plateaus (red) and impact basins (blue) dominate this topographic map of Mars Volcanic plateaus (red) and impact basins (blue) dominate this topographic map of Mars
The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black
The percentage of women over 40 in the United States who are childless has almost doubled in the ... The percentage of women over 40 in the United States who are childless has almost doubled in the ...
Line analysis of Gustave Caillebotte, Place de l'Europe on a Rainy Day. Line analysis of Gustave Caillebotte, Place de l'Europe on a Rainy Day.
What percentage? What percentage?
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
Video: Cellular defenses (natural killer cells, phagocyte types & process of phagocytosis)

For a complete list of videos, visit our video library