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Which one of the following examples is an example of revenue management?
a. Two-for-one pricing for bath towels.
b. Scheduling specific times for dental appointments.
c. Two passengers, sitting side-by-side in an airplane, charged different prices depending on when they made their reservations.
d. Accumulating backorders to smooth demand.
Joe's Camera shop has a favorite model that has annual sales of 145. The cost to place an order to replenish inventory is $25 per order, and annual inventory costs are $20. Assume the store is open 350 days per year. What is the optimal number of or..
Describe the concept of intermodal transportation and why this is important to the tourism industry. Your essay response must be a minimum of 200 words in length, not counting references listed at the end or repeating of the question. All sources use..
Should the law allow debtors to avoid payment of their debts if those debts cause the debtors to lose their homes or suffer other extreme hardship? Should a business be able to erase its obligations to workers if those obligations would cause the bus..
what are some managerial styles you would employ in managing an emloyee who is considered baby boomer.
Describe a situation in which you encountered barriers, dealt with resistance and demonstrated resilience. What steps did you take to manage that, what lessons did you learn, and what was the outcome?
Consider the social factors that influence consumer decisions. Select two demographic or psychographic factors that would be most important to these product-marketing situations:
A contractor is planning to use 3 Caterpillar 631G single-engine wheeled tractor-scrapers to construct a 2-foot compacted fill that is needed to build a parking lot adjacent to a new hospital. Site plans for the project show the compacted fill to mea..
The gold processor wants to maximize its gold production. The processing plant works from 8:00 to 20:00. The gold processor can spend $14,000 per day in raw materials. California environment regulations limit daily ore material extraction to 45 tons.
Gulf Coast Electronics is ready to award contracts for printing its annual report. For the past several years, Johnson Printing and Lakeside Litho printed the four-color annual report. A new firm, Benson Printing, has inquired about the possibility o..
Describe the steps you would take to stimulate a better understanding of the store's current operations and to implement a new process for making decisions about product line and sales and service techniques. Identify specific ways you plan to enh..
Nike has just introduced shoes with power laces. Please provide in-depth with examples responses to the following questions. It is important your responses make sense and are not just one sentence. How will the release of these shoes influence this m..
How do you believe a project manager should decide that one estimate is better than another when scheduling project work? If you were the project manager in this case study, which estimate would you use?
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