SHARE OF REQUIREMENTS. Kinetic Canes has customer and sales data from the Canadian market. The data provide information on customers who bought a cane from Kinetic at least once and on customers who bought ANY brand in the marketplace (including Kinetic) at least once. So the last column includes ALL buyers of ANY brand. The data show: Buyers who bought from Kinetic Buyers who bought ANY brand at least once at least once Spent on canes from KINETIC $26.7 million $26.7 million Spent on OTHER brand canes (NOT Kinetic) $49.8 million $151.2 million Number of buyers 0.9 million 8.0 million What was Kinetic's SHARE OF REQUIREMENTS in the Canadian market during this period? Report your answer as a percent. (Rounding: tenth of a percent.)
SHARE OF REQUIREMENTS. Kinetic Canes has customer and sales data from the Canadian market. The data provide information on customers who bought a cane from Kinetic at least once and on customers who bought ANY brand in the marketplace (including Kinetic) at least once. So the last column includes ALL buyers of ANY brand. The data show: Buyers who bought from Kinetic Buyers who bought ANY brand at least once at least once Spent on canes from KINETIC $26.7 million $26.7 million Spent on OTHER brand canes (NOT Kinetic) $49.8 million $151.2 million Number of buyers 0.9 million 8.0 million What was Kinetic's SHARE OF REQUIREMENTS in the Canadian market during this period? Report your answer as a percent. (Rounding: tenth of a percent.)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Transcribed Image Text:SHARE OF REQUIREMENTS. Kinetic Canes has customer and sales data from the
Canadian market. The data provide information on customers who bought a cane
from Kinetic at least once and on customers who bought ANY brand in the
marketplace (including Kinetic) at least once. So the last column includes ALL buyers
of ANY brand. The data show:
Buyers who
bought from Kinetic
Buyers who
bought ANY brand
at least once
at least once
Spent on canes
from KINETIC
$26.7 million
$26.7 million
Spent on OTHER
brand canes
(NOT Kinetic)
$49.8 million
$151.2 million
Number of buyers
0.9 million
8.0 million
What was Kinetic's SHARE OF REQUIREMENTS in the Canadian market during this
period? Report your answer as a percent. (Rounding: tenth of a percent.)
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