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Question 1: What do you understand by dynamic pricing? Discuss its application in airline industry.

Question 2: How can a kids’ bouncy place use revenue management to improve financial performance?

  1. Question 3: What do you understand by software as a service (SaaS)? What do you understand by cloud computing and it application with SaaS?

Question 4: Explain the differences between quantity flexibility and buyback contract.

Question 5: Design collaboration with suppliers can help a firm reduce cost, improve quality and decrease time to market. Support this statement with a brief explanation. What are the best practices for effective design collaboration?

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