The tactic of overbooking or overselling the available asset is suitable in any situation where customers are able to cancel orders and the value of the asset drops significantly after a deadline.

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This is true because overbooking or overselling allows businesses to mitigate losses caused by canceled orders or unused inventory by ensuring that a certain percentage of customers will not show up or cancel their orders. This way, the business can still make revenue by selling the unused inventory to other customers while avoiding significant losses from cancellations or unused inventory. This tactic is commonly used in industries like airlines, hotels, and rental car companies.

The Tactic of Overbooking or Overselling the Available Asset Is