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An under used factory is a lost revenue opportunity. So it makes sense to cut prices to use up the capacity, if it's possible to do so, while getting other customers to pay full price. This strategy is based on using _______ system.

User Shax
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The given strategy is based on using Yield management system .

Explanation:

Yield management (including flights, hotel reservations and inventories) is a flexible pricing strategy based on the perception and estimation of and manipulating consumer behaviour to maximise profit or earnings of fixed, time-limited resource commodities.

This is complicated as it covers multiple facets of quality strategy, such as cost management, management of income streams and management of distribution channels. Yield management is multidisciplinary because it integrated the marketing, business and financial management components in a new approach that is highly successful.

In the design and Design of yield strategies in yield management strategists often have to collaborate with one or several other teams .

User Zoinky
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