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Author Question: Industries in which quadrant of the Yield Management Matrix are traditionally associated with ... (Read 55 times)

NClaborn

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Question 1

"Yield management" is best described as
◦ a situation where management yields to labour demands.
◦ a situation where the labour union yields to management demands.
◦ capacity allocation to different classes of customers in order to maximize profits.
◦ management's selection of a product mix yielding maximum profits.
◦ a process designed to increase the rate of output.

Question 2

Industries in which quadrant of the Yield Management Matrix are traditionally associated with revenue management? (In other words, in which quadrant are yield management techniques easiest to apply?)
◦ use tends to be unpredictable and price tends to be semi-fixed
◦ use tends to be uncertain and price tends to be variable
◦ use tends to be predictable and price tends to be variable
◦ use tends to be uncertain and price tends to be fixed
◦ use tends to be predictable and price tends to be fixed


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Marked as best answer by NClaborn on Dec 3, 2019

Alyson.hiatt@yahoo.com

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NClaborn

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Reply 2 on: Dec 3, 2019
YES! Correct, THANKS for helping me on my review


softEldritch

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Reply 3 on: Yesterday
Gracias!

 

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