Use the Excel template VLC to find the average value of a loyal customer (VLC) in a target marketsegment if the average purchase price is $75 per visit, the frequency of repurchase is seven times peryear, the contribution margin is 10 percent, and the average customer defection rate is 25 percent?Round your answer to the nearest dollar.$

Revenue per unit75Contribution margin10%Repurchase frequency7Deflection rate25%

Answered: Use the Excel template VLC to find the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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(Please create an outline for PowerPoint slides, stating what can be use for PowerPoint and provide reference .) Assess the external environment for CVS Health Based on your assessment and the organization’s strengths and weaknesses you identified in Wk 1, evaluate opportunities for that organization to add economic, social, and environmental value. Recommend an opportunity that best capitalizes on the organization’s valuable, rare, and hard-to-imitate resources; is least impacted by the organization’s weaknesses; and will take best advantage of the external environment. Create a Microsoft® PowerPoint® presentation to present your assessment, evaluation, and recommendation. Include the following sections in your presentation: ◦ A cover slide ◦ An agenda ◦ A description of the organization (1 slide with speaker’s notes) ◦ A summary of the strengths and weakness
Which of the following is not a factor that determines how much you are able to charge for your product or service? Group of answer choices Your cost to provide the product or service Value or price your product or service creates for the customer Price that competitors charge for alternative products or services Season of the year or natural disaster
Service efforts and accomplishments reporting is now required by the GASB for governme O True O False
Which of the following is a retail selling expense for an aromatherapy shop like Sage? OElectricity. Mall rent. O Interest payment on a start-up loan. Office supplies. Salaries paid to its sales staff
Customer's purchases over the customer duration with a brand that generates net present value of future profit streams is called A. Customer lifetime value B. Customer purchases value C. Customer emotional value d. Customer relationships value
The Porter’s Five Forces Model can help us understand why different firms in the same industry are more profitable than others Group of answer choices True False
Most transactions could be viewed as examples of asymmetric information since consumers typically have less information about a good or service than the producer. Because the consumer has less information than the producer, the consumer will tend to... Group of answer choices Buy more of the product than they would if they had all the information Buy less of the product than they would if they had all the information. Buy the same amount of the product that they would if they had all the information. Forgo all purchases and only buy goods and services when they have all the information about a product.
Return on investment is O The value in money placed on a product or a service The relative profitability of a product The calculation of a business's market share None of the above
Which of the following statements is true regarding the sensitivity analysis approach to investment appraisal? It involves changing many factors at the same time It provides an indication of the likelihood of changes in the key factors It provides managers with clear guidance concerning the investment decision It is commonly called ‘how-now’ analysis None of the above are true
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