Revenue Management Exam 2 Questions With 100% Correct Answers
3 reasons why forecasting demand is important - ANSWER-- scheduling workers -purchasing supplies -managing cash flow What type of data describes events that have already occurred? - ANSWER-Historical Data What type of data describes events that are occurring now or in the very near future? - ANSWER-Current Data What type of data describes events that will occur in the future? - ANSWER-Future data Effective demand forecasts are based on: - ANSWER-- insight -future data -historical data -current data
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revenue management exam 2 questions with 100 corr
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3 reasons why forecasting demand is important an
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