Yield management is a variable pricing strategy, based on understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, time-limited resource (such as airline seats, hotel room reservations or advertising inventory).[1] As a specific, inventory-focused branch of revenue management, yield management involves strategic control of inventory to sell the right product to the right customer at the right time for the right price.[2] This process can result in price discrimination, in which customers consuming identical goods or services are charged different prices. Yield management is a large revenue generator for several major industries; Robert Crandall, former Chairman and CEO of American Airlines, gave yield management its name and has called it "the single most important technical development in transportation management since we entered deregulation."[3]
^Netessine, S. and R. Shumsky (2002), "Introduction to the Theory and Practice of Yield Management" INFORMS Transactions on Education, Vol. 3, No. 1
^"What is the Definition Revenue Management?". Xotels. 15 October 2020.
^Cross, R. (1997) Revenue Management: Hard-Core Tactics for Market Domination. New York, NY: Broadway Books.
Yieldmanagement is a variable pricing strategy, based on understanding, anticipating and influencing consumer behavior in order to maximize revenue or...
Chairman and CEO of American Airlines, pioneered a practice he called yieldmanagement, which focused primarily on maximizing revenue through analytics-based...
company based in Milpitas, California. It supplies process control and yieldmanagement systems for the semiconductor industry and other related nanoelectronics...
Of YieldManagement . (2016, 03 28). Retrieved from 4 Hoteliers: http://www.4hoteliers.com/features/article/1087 The understated importance of yield management...
population ecology and economics, maximum sustainable yield (MSY) is theoretically, the largest yield (or catch) that can be taken from a species' stock...
broadcast automation, audio analysis and fingerprinting, database design, yieldmanagement, exit poll systems, and machine listening. He spent about 2½ years...
cases, inventory control has a real time interface to an airline's yieldmanagement system to support a permanent optimization of the offered booking classes...
18 O&C counties. The Oregon and California Revested Lands Sustained YieldManagement Act of 1937 (43 U.S.C. § 2601), commonly referred as the O&C Act, directed...
The dividend yield or dividend–price ratio of a share is the dividend per share divided by the price per share. It is also a company's total annual dividend...
Revested Lands Sustained YieldManagement Act of 1937, commonly referred as the O&C Act, required sustained yieldmanagement of the timberlands in western...
likely to permit a rebooking without cost if the connection is lost. Yieldmanagement usually makes purchase of new short-notice tickets in the event of...
of yieldmanagement in the airline industry in the 1980s, and has since spread to many other sectors and pricing contexts, including yieldmanagement in...
Revested Lands Sustained YieldManagement Act of 1937, commonly referred as the O&C Act, required sustained yieldmanagement of the timberlands in western...
new reference point for fishery management known as the maximum sustainable yield. Sustainable yield in fishery management is defined as the number of fish...
costs and break even. For example, dynamic pricing (also known as yieldmanagement) is a form of revenue oriented pricing. Customer-oriented pricing:...
The yield to maturity (YTM), book yield or redemption yield of a fixed-interest security is an estimate of the total rate of return anticipated to be...
maximum bet that a gambler can make at a gaming table. It is a form of yieldmanagement in that the limits can be changed to optimize the profit from a gaming...
The current yield, interest yield, income yield, flat yield, market yield, mark to market yield or running yield is a financial term used in reference...
inspection and examination certificates. Rental Rate Optimization and YieldManagement. For rental business' working across country boundaries then additional...
In finance, the yield curve is a graph which depicts how the yields on debt instruments – such as bonds – vary as a function of their years remaining...
jurisdictions, but yieldmanagement is not. Price skimming can be considered either a form of price discrimination or a form of yieldmanagement. Price discrimination...
yield for eucalyptus is 21 t/ha, but in Africa, India and Southeast Asia, typical eucalyptus yields are below 10 t/ha. The push-pull pest management technique...
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