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Yield management systems help firms to track customer demand and prices so that they can adjust their inventory accordingly. By using a yield management system,
Yield management systems help firms to track customer demand and prices so that they can adjust their inventory accordingly. By using a yield management system, firms are able to sell their products at a higher price when demand is high and sell their products at a lower price when demand is low. This helps firms to optimize their profits and better meet the needs of their customers. Yield management systems are beneficial for firms because they allow firms to better manage their inventory and maximize their profits.
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