Yield management - Finance Records
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Topic: Yield management


  
 Glossary of Tourism terms
Yield management - the concept of maximising the revenue by raising or lowering prices in respect to demand is known as yield management.
The necessary conditions for a successful application of yield management include a fairly fixed capacity, high fixed costs, low variable costs, fluctuations in demand and similarity of inventory capacity.
Yield percentage - To demonstrate the variable effect of both average price rates and occupancy rates, tourism managers develop a comparison focusing upon the yield rates during a given period of time.
http://app.stb.com.sg/asp/tou/tou08.asp

  
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 Encyclopedia
The concept and techniques concerned with the maximization of profit or revenue and the development of an optimum business mix to those ends.
In recent years yield management has received increasing attention and application in transport, especially in airline operations, and in hospitality management.
http://cd.emb.gov.hk/pshe/edtt2/public_html/cgi-bin/encyc.asp?word=Y

  
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 Richard Van Slyke
" Finite horizon stochastic knapsacks with application to yield management, " Operations Research, Vol.
http://media.poly.edu/ciswww/people/profile.cfm?id=23

  
 Comfrey
Covers comfrey history, botany, composition, uses, medical and health aspects, crop production management, yield potential, and Minnesota research data.
Any of a group of plants belonging to the borage family, with rough, hairy leaves and small bell-shaped flowers (blue, purple-pink, or white).
http://www.internet-retailers.info/subportals/Comfrey/Comfrey.html

  
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