A hotel room that goes unrented and an airline seat that goes unsold are both examples of perishable inventory in services.

Question

Quizplus · Accepted Answer

Perishable inventory in services refers to the fact that once a period of time has elapsed, for example, the departure time for an airline or the check-in time for a hotel, those goods and services no longer have any value to the company as they cannot be sold anymore. Therefore, a hotel room that goes unrented or an airline seat that goes unsold are both examples of perishable inventory in services.

A Hotel Room That Goes Unrented and an Airline Seat