Does Yield Management Has No Disadvantage?
Does Yield management has no disadvantage?
Answer:
Yield Management has disadvantages.
Explanation:
We all know for a fact that each matter on earth has its pros and cons. Yield management unfortunately has disadvantages too. If the yield management system cannot forecast well, it will not help maximize revenue, and the historical data needed to forecast may not be available. Despite all of these, yield management is very popular in many service industries because of its provision of large cost savings.
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