Question

A practice of charging different prices to different customers to manage capacity while maximizing revenue is called _____

Answer 1

A practice of charging different prices to different customers to manage capacity while maximizing revenue is called Yield Management Pricing.

Yield management pricing is a vast term that describes how a service provider can comfy higher sales from its relatively fixed capacity. There are numerous predominant benefits related to the use of yield management pricing. Thru the use of yield management, a company can better compete in opposition to a low-cost provider.

Pricing is a system of solving the value that a producer will receive within the exchange of offerings and items. The pricing technique is exercised to modify the cost of the producer's services suitable to each the producer and the purchaser.

Yield management is a pricing strategy used in the hotel industry for you to apprehend, assume and thereby have an impact on purchaser behavior with the general aim of achieving the most revenue and profit.

Learn more about Yield management pricing here brainly.com/question/22415767  

#SPJ4