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2 years ago

Revenue management methodology was originally developed for the banking industry. group of answer choices

Mathematics

1 answer:

anygoal [31]2 years ago

8 0

The statement 'Revenue management methodology was originally developed for the banking industry.' is False.

The revenue Management is an analytics technique.

This technique is used to predict consumer behavior at the micro-level, which is ultimately useful in optimizing the product availability and pricing and maximize revenue growth.

This methodology is used by companies in certain industries, particularly those with fixed costs and capacity and products or services that expire.

It is the operational procedures and practices that maximize revenues without creating additional products or services.

Therefore, The statement 'Revenue management methodology was originally developed for the banking industry.' is False.

Learn more about the revenue management here:

brainly.com/question/14884122

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A train traveled from Station A to Station B at an average speed of 80 kilometers per hour and then from Station B to Station C

earnstyle [38]

Answer:

(i). Average speed = 75 km per hour

(ii). Average speed = 75 km per hour

Step-by-step explanation:

This question is incomplete; here is the complete question.

A train traveled from station A to station B at an average speed of 80 kilometers per hour and then from station B to station C at an average of 60 kilometers per hour. If the train did not stop at station b, what was the average speed at which the train traveled from station A to C?

(i). The distance that the train traveled from station A to station B was 4 times the distance that train traveled from station B to station C.

(ii). The amount of time it took to the train to travel from station A to station B is 3 times the amount of time that it took the train to travel from station B to station C.

(i) Let the distance between station B and station C = x km

So the distance between Station A and station B = 4x km

Therefore, time to travel the distance x km with 80 km per hour = $\frac{\text{Distance traveled}}{\text{Speed}}$

= $\frac{4x}{80}$

Similarly time taken to travel between station B and station C with speed 60 km per hour = $\frac{x}{60}$ km per hour

Now average speed between station A and station C = $\frac{\text{Total distance between station A and station C}}{\text{time taken to travel}}$

= $\frac{4x+x}{\frac{4x}{80}+\frac{x}{60}}$

= $\frac{5x}{\frac{4x}{60} }$

= $\frac{5\times 60}{4}$

= 75 km per hour

(ii). Let the train took the time to cover the distance between station B and station C = t hours

Therefore, time taken by the train between station A and B = 3t

Distance between Station A and station B = Speed × time

= 80 × 3t

= 240t km

Similarly distance between station B and station C = 60 × t

= 60t

Now average speed between station A and station C = $\frac{240t+60t}{(3t+t)}$

= $\frac{300t}{4t}$

= 75 km per hour

4 0

3 years ago

In the united states, the five great lakes cover an area of 94,710 square miles. The smallest of the great lakes, lake ontario,

tankabanditka [31]

Solution: We are given:

The area covered by five great lakes in United States $=94,710$ square miles.

The area covered by the smallest of the great lakes, Lake Ontario $=7,540$ square miles.

The fraction of the area of Ontario lake to the total area of all the great lakes is:

$\frac{7,540}{94,710}$

$\frac{754}{9471}$

Therefore, the simplest form of fraction is $\frac{754}{9471}$

$\frac{754}{9471}=0.08$

8 0

3 years ago

I NEED HELP WITH THIS?!?!?

shtirl [24]

i can try to help

Step-by-step explanation:

5 0

3 years ago

Read 2 more answers

1. Kelsey has $20 and is saving $6 per week, Janelle has $150 and is spending S4 per week. When will they

denis23 [38]

You have this man keep doing what u doing

3 0

2 years ago

Separate the number 219 into three parts. The second number is two less than 5 times the first number, and the third number is 4

Sav [38]

Let us assume the first number = x
Then the second number = 5x -2
The third number = x + 4
The total number that needs to be divided into three parts is 219
Then we can write the equation as
x + 5x - 2 + x + 4 = 219
7x + 2 = 219
7x = 219 - 2
7x = 217
x = 217/7
= 31
Then
First number = 31
Second number = 5x - 2
   = (5 * 31) - 2
   = 155 -2
= 153
Third number = x + 4
   = 31 + 4
   = 35
So the three numbers are 31, 153 and 35.

4 0

3 years ago