Which of the following is NOT one of the techniques of the yield management strategy?
A)overbooking
B)maintaining a small level of staff over the year and subcontracting all other work
C)adjusting prices to augment demand
D)using different fare classes to partition demand

Question

Quizplus · Accepted Answer

Maintaining a small level of staff over the year and subcontracting all other work is not a technique of yield management strategy. The other options- overbooking, adjusting prices to augment demand and using different fare classes to partition demand are key techniques of yield management strategy that help businesses maximize their revenue by selling the right product to the right customer at the right time for the right price.

Which of the Following Is NOT One of the Techniques