$43$

Based on Dr$.$ Jarvis' lecture on Chapter $11,$ which of the following is NOT true about yleld management?

$00$:$32+16$

Multiple Choice

Actual revenue and potential revenue are a function of both capacity and price

Yield improves as it approaches $"1"$

The best way to improve yield is to build more capacity so you have more to sell

Yield improves when either capacity use increases or when a higher price is charged, or both

Yield is calculated by dividing the actual revenue earned by the potential revenue possible