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According to the text, as part of the aggregate planning process, planners must determine the right percentage of capacity to be allocated to the right
According to the text, as part of the aggregate planning process, planners must determine the right percentage of capacity to be allocated to the right customers at the right price and time to maximize profit or yield. This is called yield management.
How would you apply yield management concepts to a barbershop? A soft drink vending machine?
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