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Operation Management

Operation Management — page 139 of 318

1. Pricing - § Pricing is without a doubt one of the most fluctuating factors in inventory management. 2. Distribution -§ Distribution is key to maximizing revenue because distribution is the means by which your inventory gets into the hands of your potential guests. 3. Market Segmentation -§ Being aware of your market and the variable preferences, demands and affordability of different demographics are paramount to understanding how to price and distribute your room sales across the various channels.