Please match the correct term with its definition

The concept of selling the right room, at the right price, to the right customer. Revenue management is designed to optimize inventory, providing the most profitable scenario to the property.

The practice of analyzing past reservation patterns, room rates, cancellations, and no$-$shows in an attempt to maximize profits and occupancy rates to set the most competitive room rates.

The various rates charged for hotel rooms.

The amount of products, goods, or services produced by employees.