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Chapter 4

Competencies
Understand Elasticity of consumer’s demand in cost allocation
Identify Revenue Margin when Demand is inelastic or elastic in duration control
Describe Hurdle Rate, Stay Through, Close to Arrival, Minimum Stay, Displacement
Chapter 3 Outlines

4.1. Inelastic demand and revenue margin with Y axis.

4.2. Elastic Demand and Revenue margin with X axis.

4.3. Hurdle rate at the joint between Revenue Margin and Average Cost

4.4. Sell Through

4.5. Close to Arrival

4.6. Minimum Stay

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Revenue Management Illustrated Copyright © 2024 by Xuan Tran is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License, except where otherwise noted.

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