The purpose of yield management is to maximize profits by anticipating the behavior of consumers. Additional information about yield management can be found on Wikipedia.

I'm not sure what you mean by Yield Management Pricing, but AA has not eliminated Yield Management. It is still an important department and function within the company.

An advantage of yield management is the ability to set up a competitive pricing strategy to lure more customers in and away from competitors. However, a disadvantage is that if the yield management is forecast wrong or too low, revenue may be lost.

industrial engineering

Yield Management!