Yield management systems are used:
A)to eliminate the problem of simultaneous production and consumption from services.
B)only in service industries.
C)to establish price equilibrium.
D)to make profitable use of the unused capacity of perishable goods.

Question

Quizplus · Accepted Answer

Yield management systems are designed to optimize revenue by selling unused capacity of perishable goods (such as airline seats or hotel rooms) at the right price and to the right customer at the right time. This helps to improve profitability and offset fixed costs.

Yield Management Systems Are Used