Keyword: variable cost
A la carte or Set Menu? (5/9/2006)
Mixed bundling, by offering a package deal as well as separately priced items, can be a revenue-maximizing pricing strategy in the face of varying customer needs.
Get in Where You Fit in (4/3/2003)
Quoting room rates according to the guest's elasticity of demand improves the bottom line when there is surplus capacity.
Labor on Call (1/10/2007)
Flexible work scheduling to match customer traffic is one effective way to transform labor from a fixed cost into a variable cost in the retail business.
Pricing to Cost - But Which Cost? (10/13/2007)
Pricing to marginal cost may not cover fixed cost.
Profit Maximization - Total vs Marginal (11/17/2007)
Profit maximization can be characterized with reference to the total revenue and total cost curves or the marginal revenue and marginal cost curves
Value Eating (6/22/2006)
Super-sizing fast-food items boosts both the bottom line and the waistline.
Who Is Over a Barrel? (1/20/2015)
The impact of low oil prices on oil output depends on the cost structures of different types of oils.