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1 year ago

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

Mathematics

1 answer:

anygoal [31]1 year 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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3 years ago

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Gennadij [26K]

quadratic formula:

x = <u>-b ± √(b² - 4ac)</u>

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subtract 7 from both sides:

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3 years ago

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cupoosta [38]

<h3>Answer: 16/33</h3>

It's in p/q form where p = 16 and q = 33.

=======================================================

Work Shown:

x = 0.484848.....

100x = 48.4848.....

I multiplied both sides by 100 to move the decimal over 2 spots. Both decimal values for x and 100x have an infinite string of "48"s repeated after the decimal point. When we subtract, those infinite strings will cancel out

100x - x = 99x

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So after subtracting straight down, we have the new equation 99x = 48 which solves to x = 48/99

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I recommend using a calculator to confirm that 16/33 = 0.484848...

Side note: your calculator may round the last digit, but this is of course rounding error

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