Revenue Management: A Path to Increased Profits

By. Ronald Huefner 15th May 2011

Book Discription

This book presents the topic of revenue management from a managerial accounting and financial management perspective. It is intended for:

  • Finance and accounting executives and managers
  • CPAs and consultants
  • MBA and EMBA students and faculty interested in managerial accounting and financial management

The topic of revenue management is an important addition to the well-established field of cost management. Individuals in the target audience mentioned above need to analyze revenue management decisions from an accounting/finance perspective.

However, there are currently only a few references available in the accounting/finance literature on this subject. This book aims to bridge that gap by providing a comprehensive understanding of revenue management, its history, applications, and how it can be applied to different types of businesses.

By integrating concepts from managerial accounting and finance, readers will gain a framework for analyzing revenue management decisions

Book Information

Print Length

150 Pages

Language

English

Publisher

Business Expert Press

Publication Date

May 15, 2011

Dimensions

5.51 X 0.77 X 8.24 inches

ISBN-10

1606491415

ISBN-13

978-1606491416

About The Author

About Ronald Huefner

Ronald J. Huefner, CPA, CMA, PhD, received a BA in mathematics from Canisius College and an MBA and PhD in finance and accounting from Cornell University. Dr. Huefner is a Certified Public Accountant (CPA) and a Certified Management Accountant (CMA). Ronald  received New York’s gold medal for the highest score on the 1970 CPA exam. He took

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Table Of Contents

Chapter 1: discusses the history and development of revenue management, its early applications in a few industries, and its subsequent application in a broader range of contexts.

Chapter 2: discusses the history and development of revenue management, its early applications in a few industries, and its subsequent application in a broader range of contexts.

Chapters 3 & 4: focus on the tools needed to analyze revenue management proposals and to help decide if the ensuing growth in revenue will be profitable.

Chapters 5:  discuss two relatively recent management concepts with special relevance to revenue management. The CAM-I capacity model, discussed in chapter 5, integrates an understanding of an organization’s capacity and its deployment to the potential for revenue generation. The theory of constraints, explored in chapter 6, also integrates well with revenue management via the focus on growth of throughput

Chapters 6: discuss two relatively recent management concepts with special relevance to revenue management. The CAM-I capacity model, discussed in chapter 5, integrates an understanding of an organization’s capacity and its deployment to the potential for revenue generation. The theory of constraints, explored in chapter 6, also integrates well with revenue management via the focus on growth of throughput

Chapter 7: begins a discussion of the broad field of pricing, the key to revenue management. The subsequent chapter discusses and analyzes various revenue management techniques.

Chapter 8: begins a discussion of the broad field of pricing, the key to revenue management. The subsequent chapter discusses and analyzes various revenue management techniques.

Chapter 9: presents the concept of customer value.

Chapter 10: explores the field of customer reaction to revenue management.