Hostlight Industries operate a chain of moderately-priced motels across the United States.There are many businesses that compete with them for tourist dollars,and some nights during the tourist season their motels are only half full.Other nights,they have to turn away guests because there are no vacancies.Assuming the quality of the room and the services provided by the motels remain the same,Hostlight Industries could use _____ to fill unused rooms.
A) a yield management system
B) a capacity correlation system
C) service forecasting tools
D) a service management system
E) capacity maintenance tools

Question

Quizplus · Accepted Answer

Yield management system is used to adjust prices in order to optimize revenue based on demand. This would allow Hostlight Industries to fill unused rooms during off-peak times by offering lower prices, while also capitalizing on high demand by increasing prices during peak tourist season.

Hostlight Industries Operate a Chain of Moderately-Priced Motels Across the United