Value of a Loyal Customer (VLC), Operation Management

A manufacturer of business copier workstations has a 75 percent customer retention rate. Their accounting department estimates the incremental contribution to profit and overhead as 40 percent. Customers purchase the workstations every three years at an average cost of $1,500.00. Determine the average value of a loyal customer.
Posted Date: 12/10/2012 9:27:42 AM | Location : United States







Related Discussions:- Value of a Loyal Customer (VLC), Assignment Help, Ask Question on Value of a Loyal Customer (VLC), Get Answer, Expert's Help, Value of a Loyal Customer (VLC) Discussions

Write discussion on Value of a Loyal Customer (VLC)
Your posts are moderated
Related Questions
A small building contractor has recently experienced two successive years in which work opportunities exceeded the firm's capacity. The contractor must now make a decision on capac

Explain important traits are required for a coach of a cricket team. The three important traits needed for a coach of a cricket team are:- (i) Decisiveness - The coach is c

Item Cost - $7.00 Order Cost - $283.00 Annual Hold - 32% of item cost Annual Demand - 22,100 Average Demand - 442 per week Standard deviation of weekly demand 20 per week lead time

Explain Dummy Activity. Every project has a number of job operations or tasks that are termed as activities.  An activity is a component of a project and this may be a process,

The EGAD Bottling Company has decided to introduce a new line of premium bottled water that will include several "designer" flavours. Marketing manager Georgiana Mercer is predicti

Compare and contract unsecured credit and secured credit, and explain the key differences.

Illustrate how to effectively and efficiently report on the scope of a project to the different stakeholder groups • Use figures and tables to provide examples • Show calcula

What should a short-term or long-term consequence make a difference in resolving an ethical dilemma?

A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labour content of the jobs needed to produce the shoppi

what used materials for made the Turbine blades which endures vibrations and saline conditions and why?