Assume your parking lot has two different consumers

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Q. Yield or revenue Management 3

Assume your parking lot has two different consumers who utilize it at two different times. Daily computers utilize it during the daytime also sports fans utilize it at different times to park at sporting actions. Daily computer demand is inconsistent, yet stable also known. Demand of sporting actions is uncertain also depends on the quality of the match, as well as on erratic actions such as the weather. How would you price these to actions differently?

Reference no: EM1322935

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