Which of the following is not listed as a step in revenue management?
A) Quantify the benefits of revenue management.
B) Implement a forecasting process.
C) Involve sales and not operations
D) Understand and inform the customer.
Correct Answer:
Verified
Q51: Effective differential pricing over time will generally
A)decrease
Q62: Revenue management adjusts the pricing and available
Q64: Overbooking as a tactic has been used
Q69: Shifting demand from peak to off-peak periods
Q69: Capacity assets in the supply chain do
Q70: The tactic of overbooking or overselling of
Q82: Describe the role of revenue management.
Q88: The fundamental trade-off between selling in bulk
Q93: The amount reserved for the spot market
Q95: In order to achieve the greatest value,
A)supply
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents