Supermarket Food Waste Is a Big Problem. Is Dynamic Pricing the Solution?
EATER
SEPTEMBER 20, 2023
In 1988, American Airlines saw that the proportion of empty seats on its planes fell from 15 percent to 3 percent when it made slight adjustments to ticket prices closer to when flights departed. Technology can and does play a significant role in managing inventory data, which can also be labor intensive and inconsistent.
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