Yield management has achieved its objectives if the fraction (Rate Realized / Rate Potential) is one (1) or higher.

Name: Yield management has achieved its objectives if the fraction (Rate Realized / Rate Potential) is one (1) or higher.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Yield management aims to maximize revenue by optimizing the balance between rate realized and rate potential, achieving its objectives when this fraction is one or higher, indicating full utilization of potential revenue.

Yield Management Has Achieved Its Objectives If the Fraction (Rate