Revenue management is MOST likely to be used in which one of the following situations?
A) a fast food restaurant with wide demand fluctuations during the day
B) a dental clinic that wants to fill its appointment book
C) a firm with a good counterseasonal product mix
D) a shipping company that can change its fleet size easily
E) an airline attempting to fill "perishable" seats at maximum revenue
E
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Are complaints a good indicator of customer satisfaction? Why or why not?
What will be an ideal response?
What would be the value of cell C1?
a) “Surplus”
b) “Deficit”
c) “Balanced”
When Company A discounts without recourse a note to Company B, Company A has a contingent liability until the note is paid
Indicate whether the statement is true or false
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. Determine the machines' second year depreciation under the double-declining-balance method.
A. $16,000. B. $20,880. C. $17,400. D. $18,379. E. $16,900.