Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
How do airlines typically balance demand and capacity? Group of answer choices A. Yield management: Adjusting ticket prices based on demand forecasts to maximize revenue
How do airlines typically balance demand and capacity? Group of answer choices A. Yield management: Adjusting ticket prices based on demand forecasts to maximize revenue while filling available seats. B. Fleet optimization: Utilizing aircraft of varying sizes and configurations to match capacity with demand on specific routes. C. Schedule adjustments: Modifying flight schedules, frequencies, and routes to align with changing demand patterns and optimize resource utilization. D. All the above E. None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started