Demand-based pricing can be used to alter the demand curve for perishable tee times.

Demand-based pricing is a strategic pricing approach where prices are adjusted according to the demand for a product or service. In the context of golf operations, perishable tee times refer to the hours during which a golf course has slots available for play that cannot be sold once the time has passed.

Using demand-based pricing allows golf course operators to respond to fluctuations in demand. For instance, during peak times when demand is high, tee times can be priced higher to maximize revenue. Conversely, during off-peak periods, prices can be lowered to encourage more players to book, thus enhancing occupancy. This approach effectively shifts the demand curve, encouraging more players to reserve tee times when prices are adjusted downward.

Ultimately, by strategically modifying the price based on real-time demand data, golf courses can manage and influence their occupancy levels, ensuring they optimize their revenue on these perishable assets. This demonstrates how demand-based pricing is indeed a viable tool for altering the demand curve for these time-sensitive resources.