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eimsori [14]
3 years ago
5

A local hair salon is analyzing its customer data to determine the last time each customer visited the salon if he or she purcha

sed a hair care product, and how much money the customer spends on the salon's services and products. In essence, it is trying to determine its customers' profit potential so it can target them for marketing efforts. What data analysis tool is the salon using?
Business
1 answer:
Tju [1.3M]3 years ago
3 0

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.

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In the​ past, Peter​ Kelle's tire dealership in Baton Rouge sold an average of 1 comma 000 radials each year. In the past 2​ yea
Lina20 [59]

Answer:

Explanation:

For computing the demand for each sale, first we have to compute the average sale for each season which is show below:

Average sale in fall = (240 + 260) ÷ 2 = 250

Average sale in winter = (340 + 300)  ÷ 2 = 320

Average sale in spring = (140 + 160)  ÷ 2 = 150

Average sale in summer = (320 + 240) ÷ 2 = 280

Demand for next fall = (250  ÷ 1,000) × 1,200 = 300

Demand for next winter = (320  ÷ 1,000) × 1,200 = 384

Demand for next spring = (150  ÷ 1,000) × 1,200 = 180

Demand for next summer = 1,200 - (300+384+180) = 336

6 0
3 years ago
Harbour View Company common stock has a $30 par value and is currently selling for $65. Industry analysts are predicting dividen
madam [21]

Answer:

The expected rate of return on this stock is 10.31%

Explanation:

The constangt growth model of the DDM approach is used to calculate the price of a share based on the edxpected future dividends from a stock that are growing at a constant rate. The formula for price using constant growth model is,

P0 = D0 * (1+g) / (r - g)

Plugging in the values,

65 = 1.7 * (1+0.075) / (r - 0.075)

65 * (r - 0.075) = 1.8275

65r - 4.875 = 1.8275

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r = 10.31% or 0.1031

4 0
3 years ago
Use this information about Department J to answer the question that follow. Department J had no work in process at the beginning
Aloiza [94]

Answer: $283,140

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Total Cost = Materials cost + Conversion cost

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Direct material cost is $5 per unit from the question.

Total cost of the 18,000 units;

= (18,000 * 5) + (18,000 * 10.73)

= $283,140

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3 years ago
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B. Superiority of certain races. Which often results in discrimination and prejudice towards people based on their race or ethnicity

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