Yield management is a key element of running any business. It is the process of understanding, anticipating, and influencing consumer behaviors in order to maximize profits from fixed, perishable resources.
This kind of strategy is known as 'yield management': matching customers' time and dining preferences to their willingness to pay, so that the customer receives the desired service at an acceptable time at a satisfactory price, ...
hotel-industry.co.uk The New Rules of Revenue Management hotel-industry.co.uk “Over the past decade, revenue management has arguably grown into one of the most developed and evolved departments in the hotel industry,” explained IHG vice president...
Lean Six Sigma training event Businesslife.co (press release) Six Sigma has its roots in the 1950s with TQM (Total Quality Management) but was introduced as a methodology by Motorola in the 1980's. Lean: eliminate waste and maximise customer value.
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