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Alexus [3.1K]
4 years ago
10

What is the average defection rate for grocery store shoppers in a local area of a large city if customers spend $60 per visit,

customers shop one time per week, 52 weeks per year, the grocery store has a 4 percent gross margin, and the value of a loyal customer is estimated at $3,200 per year
Business
1 answer:
nekit [7.7K]4 years ago
7 0

Answer:

Average defection rate = 3.9%

Explanation:

Average defection rate is the rate are which customers stop using a companie's products and services.

It could result from move to other competitors.

To calculate use the following formula

Customers per year= Spending per visit* Yearly frequency* Gross margin* (1/Defection rate)

3,200= 60* 52* 0.04*(1/Defection frequency)

Defection frequency (3,200)= 124.80

Defection rate= 124.80/3,200= 0.039= 3.9%

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When society produces the combination of goods and services on the ppf that it values the most highly, society has?
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4 years ago
The results for conventional and activity-based costing (ABC) computations will be the same as long as: a.the levels of activity
aniked [119]

Answer:

d.the levels of activity for non-unit based cost drivers remain the same.

Explanation:

In the case of conventional and activity based costing calculations,  the output should be similar to the activity levels that belong to the non-unit in which the cost driver should remain the same

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What happens when employer recives a osha citation?
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4 years ago
Identify the change in the parent function that will produce the related function shown as a dash line. f(x)= √ x
hichkok12 [17]

Answer:

g(x) = 2 + \sqrt x

<em>Translate the parent function, 2 units upward</em>

Step-by-step explanation:

Given

f(x) = \sqrt x

See attachment for the graph

 

Required  

Determine the change in f(x) that gives the dashed line

Let the dash line be represented with g(x)

From the attachment, there is only one transformation from f(x) to the g(x).

When f(x) is translated 2 units vertically upwards , it gives g(x); the dash line.

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