What are some concerns the team needs

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Question 1. After researching revenue (yield) management in airlines, describe how the Magic system differs from that of American or other airline carriers.

Question 2. The Magic used its original pricing systems of several years ago and set the price for a Terrace V, Zone 103 seat at $68 per game. There were 230 such seats not purchased as part of season ticket packages and thus available to the public. If the team switched to the 7-price dynamic system (illustrated in Table 13.11), how would the profit-contribution for the 45-game season change? (Note that the 45-game season includes 4 preseason games.)

Question 3. What are some concerns the team needs to consider when using dynamic pricing with frequent changes in price?

 

Reference no: EM133211387

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