Discuss your personal experience with dynamic pricing (airlines, hotels, Uber, event tickets, etc.). What revenue-management methods does your current or future company use if any?

Assignment

Discuss your personal experience with dynamic pricing (airlines, hotels, Uber, event tickets, etc.).

Also, discuss any professional experience including:

What revenue-management methods does your current or future company (a company you would like to work for in the future) use if any?

If none are currently used, how could surge pricing benefit your current company or future organization?

What are the drawbacks, if any, of such systems?

Your response should be approximately 150 words. You are encouraged to incorporate concepts from the textbook and/or outside sources.

This assignment is designed to give you a break from the math and apply the concepts to the real world. Feel free to incorporate examples/stories from your personal/professional life.

Discuss your personal experience with dynamic pricing (airlines, hotels, Uber, event tickets, etc.). What revenue-management methods does your current or future company use if any?
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