EBK OM
EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 10, Problem 14PA
Summary Introduction

Interpretation:Revenue management applications are to be explained along with the ways in which they help the organizations.

Concept Introduction:Revenue management is an application that is being used to make predictions on consumer behavior at micro market levels in optimizing product availability and price in supporting the revenue growth. Revenue management applications used for restaurants and airlines are two examples that can be found in today’s business world.

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