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2 years ago

in a revenue management system, forecasting, allocation, overbooking, and pricing must work in unison if the objective is to:

1 answer:

5 0

In a revenue management system; the forecasting, allocation, overbooking, and pricing must work in unison if the objective is to maximize the revenue generated by a perishable asset.

<h3>What is a revenue management system?</h3>

Basically, a revenue management system refers to a system that analyzes the combination of competitor rates, historical rates, market dynamics and inventory levels to predict demand and provide rate recommendations. A very good revenue management system will always automate the entire process and generate rates that can maximize revenue and profitability.

One of the example of use of Revenue Management is employed in the businesses of Hotel Management and the Airline Industry. The primary source of most revenue for hotels is found in their room rates and the revenue generated from the bookings is a simple multiplication of price and volume booked.

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Radoski Corporation's bonds make an annual coupon interest payment of 7.35% every year. The bonds have a par value of $1,000, a

gtnhenbr [62]

Answer:

YTM = 0.6940%

Explanation:

THe Yield to Maturity (YTM) is the return that you expect from the bond if you held the bond till maturity.

The formula would go as:

YTM = $\frac{F}{P}^{\frac{1}{n}} -1$

Where

F is the face value, or par value

P is the current price

n is the time period, maturity period

Given,

F = 1000

P = 920

n = 12, we have:

YTM = $\frac{F}{P}^{\frac{1}{n}} -1 = \frac{1000}{920}^{\frac{1}{12}} -1=0.006972$

Thus, the yield to maturity would be:

YTM = 0.6940%

5 0

3 years ago

Appliance Center is an experienced home appliance dealer. Appliance Center also offers a number of services for the home applian

kherson [118]

Answer:

Answer is explained in the explanation section.

Explanation:

Solution:

Data Given:

Price of Oven Only = $800

Price of Oven with installation services = $850

Price of Oven with maintenance services = $975

Price of Oven with Installation and maintenance = $1000

So, with this data, we can calculate the total price of the oven:

Total Price = $800 + 50 + 175 = 1025

Now, we need to find out the allocation of price to the oven by using the following formula:

PA = Price Allocation

PA = (Price of Oven Only divided by Total Price) multiplied by the Price paid by the customer.

So,

We have all the values, just plugging in the above equation:

PA = $\frac{800}{1025}$ x $1000

PA = $780.48 is the price allocation for Oven.

Similarly, we need to find the Price allocation of maintenance services:

PA = (Price of maintenance Only divided by Total Price) multiplied by the Price paid by the customer.

PA = $\frac{175}{1025}$ x 1000

PA = $170.73 is the amount that must be allocated to the maintenance services.

Similarly, for Installation services:

PA = (Price of installation Only divided by Total Price) multiplied by the Price paid by the customer.

PA = $\frac{50}{1025}$ x 1000

PA = $48.78 is the price allocation for installation services.

7 0

3 years ago

You own $2,000 of city steel stock that has a beta of 2. 5. you also own $8,000 of rent-n-co (beta = 1. 9) and $4,000 of lincoln

Goshia [24]

You own $2,000 of city steel stock that has a beta of 2. 5. you also own $8,000 of rent-n-co (beta = 1. 9) and $4,000 of lincoln corporation (beta = 0. 25). 1.51 is the beta of your portfolio?

Portfolio beta = Weighted Average beta of stocks

Portfolio beta = [2,000(2.5) + 8,000(1.9) + 4,000(0.25)]/14,000

Portfolio beta = 1.51.

Lincoln corporation announced last year that it will cease manufacturing the Continental and MKZ at the end of 2020. The rest of the 2020 models can be purchased new. When those are gone, Lincoln will be left with an all-SUV lineup.

Learn more about the lincoln corporation at

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6 0

2 years ago

Before the approving signature is made on a check the signer should verify that the?

vovangra [49]

Before the approving signature is made on a check, the signer should verify that the DOCUMENTATION HAS PROPER APPROVAL. A person who sign check for approval should ensure that he sights the documentations with which the concerned transaction was made in order to verify that the transaction actually take place and that the correct amount of money is being charged.

3 0

3 years ago

The Role of Risk

Nostrana [21]

Answer:

The Role of Risk :

Which statements describe the role of risk in making investment decisions?

Risk is an element to consider when investing in stocks.

The higher an investment's risk, the greater its potential return will be.

Explanation:

Every business has its own risk but it differs as a result of the type of business and profit involved, there is a risk in every investment and the higher the risk the greater its potential return

3 0

4 years ago

Read 2 more answers