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Yield management

Yield management (YM) is a variable pricing strategy, based on understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, time-limited resource (such as airline seats, hotel room reservations, or advertising inventory). As a specific, inventory-focused branch of revenue management, yield management…

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Overview

History

Use by industry

Econometrics

Yield management system

Ethical issues and questions of efficacy

Experimental studies of yield management decisions

Advanced semantic analysis

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Map overview Semantic statistics

Yield management

Nodes114
Edges113
Triples143
Avg. degree1.98
Density0.017544
Components1

How this topic connects Entity context

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Yield management

Top relations

related to history · 24
Yield management → American, American Airlines, CEO, Chairman, Cross, Deregulation, Donald Burr, Edelman Prize, Electronic, GDSs, INFORMS, It, On January, People Express, People Express Airlines, Revenue Analytics, Revenue Management, Robert, The, They
related to Hotels and multi-family residences · 19
Yield management → Another, Archstone-Smith, By, Hotels, In, Lease Rent Options, LRO, Many, PMS, Property Management System, Rainmaker, RealPage, Revenue Management System, Revenue Management Systems, RMS, Some RMS, These, Yield, YieldStar Asset Optimization System
related to Intercity buses · 18
Yield management → BoltBus, Chile, Chilean, Europe, Finnish, Intercape, Megabus, New Zealand, North America, Now, OnniBus, Polish PolskiBus, SARCAN, South Africa, Turbus, United Kingdom, United States, Yield
related to Econometrics · 12
Yield management → By, Destination, However, If, In, Initially, Origin, Other, Price/Demand, The, This, Yield
related to Telecommunications · 9
Yield management → Approaches, Differences, Ericsson, On, Recently, Similarities, Suggested, Telcordia, The
related to Experimental studies of yield management decisions · 8
Yield management → Bearden, For, Further, Murphy, One, Rappaport, Recently, Using
related to Yield management system · 6
Yield management → Enterprises, Firms, Since, The, The Internet, They
related to Railways · 5
Yield management → France, Germany, Tickets, United Kingdom, While
related to Ethical issues and questions of efficacy · 4
Yield management → For, Some, The, Very
is a · 3
Yield management → large revenue generator for several major industries, method to manage rental rates against capacity, set of yield maximization strategies and tactics to improve the profitability of certain businesses

Important terminology Word statistics

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Important terminology

management yield revenue price inventory airline demand industry pricing prices airlines time use higher rental services systems system seats customers

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Yield managementis alarge revenue generator for several major industries0.90text
Yield managementis aset of yield maximization strategies and tactics to improve the profitability of certain businesses0.90text
Yield managementis amethod to manage rental rates against capacity0.90text
a nested inventory systeminstance ofThere are various inventory controls0.80text
the APinstance ofThis process can be managed by inventory controls or by managing the fare rules0.80text
pet boarding.RentalIn the rental car industryinstance ofMany points in hotel yield management also apply to instances0.80text
yield management deals with the sale of optional insuranceinstance ofMany points in hotel yield management also apply to instances0.80text
damage waiversinstance ofMany points in hotel yield management also apply to instances0.80text
vehicle upgradesinstance ofMany points in hotel yield management also apply to instances0.80text
Megabusinstance ofand demand.Intercity busesYield management has moved into the bus industry with companies0.80text
Telcordiainstance oftelecommunications software vendors0.80text
Ericsson have promoted yield management as a strategy for communications service providers to generate additional revenueinstance oftelecommunications software vendors0.80text

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    Min side: 3
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