Revenue management is the most effective when applied to firms characterized by all the following conditions EXCEPT ______________.
A)perishable inventory
B)relatively fixed capacity
C)varying customer price sensitivity
D)fixed inventory
E)variable demand

Question

Quizplus · Accepted Answer

Revenue management is most effective when there is perishable inventory, relatively fixed capacity, varying customer price sensitivity, and variable demand. A fixed inventory does not allow for flexibility in pricing strategies, which is a key component of revenue management.

Revenue Management Is the Most Effective When Applied to Firms