MGT 603 Academy College Wk 4 Difference BW Yield Management & Revenue MGT Questions

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Discussion Question1:

Define inventory and discuss why inventories are maintained.
What are the Inventory Models you learned in chapter 11?

Discussion Question 2:
What is the difference between yield management and revenue management for service-based organizations?
How can service companies carry labor inventory?
Could there be a just-in-time labor model?
What would that organization look like?

Discussion Question 3:
What metrics will you use in your paper?  Why?
What do they show to support your paper’s thesis?

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