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In a Revenue Management System, Forecasting, Allocation, Overbooking, and Pricing

Question 27

Multiple Choice

In a revenue management system, forecasting, allocation, overbooking, and pricing must work in unison if the objective is to:


A) manage a nonperishable asset.
B) meet the future demand of goods and services.
C) determine the single price that needs to be charged to all customers.
D) maximize the revenue generated by a perishable asset.

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