<span>b. $16,400........ would be your answer</span>
Answer: Recency frequency monetary analysis (RFM)
Explanation: The hair salon referred to in the question is applying the Recency frequency monetary analysis to ascertain the value of each of their customers. This analysis checks the last time a certain customer came into the company, how frequent that customer comes and how much the customer spends on each purchase to know how valuable they are.
The general term that applies to cards that contains a computer chip with additional information on it is the smart card. They are designed for use in financial transactions and for personal identification. It is simply a card where there is a built-in microprocessor for storage of personal information.
Quality.
The 4 building blocks of competitive advantage are efficiency, quality, innovation, and responsiveness to customers. Using only the best peanuts and making sure the logo is placed perfectly every time is an example of quality.
Answer:
The cost outweigh the benifits by 3,700 dollars.
Explanation:
The benifits outweigh the cost if total benifits are more than total costs/spendings. Detail calculation to check the requirement of question is given below.
Spending
Software Cost $ 10,800
Employee Training $ 8,700
Hardware upgradation cost $ 12,300
Total spending $ 31,800 -A
Benifits
Inventory tracking system $ 28,100
Total Benifits $ 28,100 -B
Saving B-A ($ 3,700)