What are the various components of an airline revenue management system? Describe the function of each one
What will be an ideal response?
• The pricing and accounting system: This handles ticket data, published fares, and pricing rules.
• The aircraft scheduling system: This handles flight schedules based on customer demand.
• The inventory management system: This handles bookings, cancellations, and changes in departure data.
Business
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Give an example of a multichannel distribution system
What will be an ideal response?
Business
ABC Corporation knew that XYZ Industries could provide the casings needed for their new line of typewriters as they had for the previous generations of typewriters
Therefore, they designated XYZ as the supplier for that key element, a practice known as ________. Fill in the blank(s) with the appropriate word(s).
Business