Industries in which revenue management techniques are easiest to apply are those where:
A)use tends to be predictable,and pricing tends to be fixed.
B)use tends to be predictable,and pricing tends to be variable.
C)use tends to be uncertain,and pricing tends to be fixed.
D)use tends to be uncertain,and pricing tends to be variable.
E)All of the above,i.e. ,there is no difference.

Question

Quizplus · Accepted Answer

Revenue management techniques are easiest to apply in industries where there is predictability in demand and sales, and pricing is variable. This allows for optimization of pricing strategies based on demand and supply. In industries where use is uncertain and pricing is fixed or non-negotiable, revenue management techniques may not be as effective.

Industries in Which Revenue Management Techniques Are Easiest to Apply