Question

The hospitality industry cannot quickly add a room to a lodge.​ Instead, lodge managers use yield​ management, which varies a parameter directly under the managers control. Which parameter is changed under yield​ management?

Answer 1

The answer is price per room

Step-by-step explanation:

The parameter that changes under yield management is price per room.

Because when considering sales and operations planning for services and perishable products such as airline seats, hotel rooms, the prices are regularly adjusted to maximize total profit.