Revenue management may be defined as
A) the use of differential costing based on product or capacity availability to decrease supply chain cost.
B) the use of differential costing based on customer segment,time of use,and product or capacity availability to increase profitability.
C) the use of differential pricing based on customer segment,time of use,and product or capacity availability to decrease supply chain surplus.
D) the use of differential pricing based on customer segment,time of use,and product or capacity availability to increase supply chain surplus.
Correct Answer:
Verified
Q24: The amount reserved for the spot market
Q25: The reserved quantity will be affected by
Q26: Any asset that loses value over time
Q27: To differentiate between the various market segments,the
Q28: Revenue management has a significant impact on
Q30: The goal of optimization is to use
Q31: The two forms of supply chain assets
Q32: Too low a level of overbooking will
Q33: In most instances of differential pricing,demand from
Q34: The use of differential pricing should
A)decrease total
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