Which of the following are typically in play in a circumstance in which yield management is worthwhile?
(I)Perishable capacity(II)Ample finished goods storage(III)Demand variability(IV)Low holding costs
A)I, II, and IV only
B)I and III only
C)III only
D)II and III only
E)II, III, and IV only

Question

Quizplus · Accepted Answer

Yield management is most effective in situations where there is perishable capacity (e.g., airline seats, hotel rooms) and significant demand variability, allowing businesses to adjust prices and availability to maximize revenue. Ample finished goods storage and low holding costs are less relevant to the core principles of yield management.

Which of the Following Are Typically in Play in a Circumstance