The adjustment of price to maximize the revenue obtained from available capacity that will be lost if not used is referred to as
A) anticipation inventory.
B) yield management.
C) workforce adjustment.
D) chase strategy.

Question

Quizplus · Accepted Answer

Yield management is the adjustment of price to maximize the revenue obtained from available capacity that will be lost if not used.

The Adjustment of Price to Maximize the Revenue Obtained from Available