1. B shoulder season
2. C high season
3. A low season
Based on the information given the payback period is 5.80 years.
<h3>Payback period:</h3>
Using this formula
Payback period = Net initial investment / Estimated annual cash inflow
Where:
Net initial investment=$2,900,000
Estimated annual cash inflow=$500,000
Let plug in the formula
Payback period=$2,900,000/$500,000
Payback period=5.80 years
Inconclusion the payback period is 5.80 years.
Learn more about payback period here:brainly.com/question/23149718
The customer type which is likely to have the highest lifetime value is: D. customers who are members of the company’s loyalty program.
<h3>What is a
loyalty program?</h3>
A loyalty program can be defined as a marketing strategy which is designed and developed to encourage customers to continuously patronize a business firm that's associated with the program by offering them:
In this context, we can infer and logically deduce that the customer type which is likely to have the highest lifetime value is the customers who're members of the company’s loyalty program.
Read more on loyalty program here: brainly.com/question/12569883
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Complete Question:
You manage the Search strategy for an athletic apparel retailer. Which customer type will likely have the highest lifetime value?
A. Customers who participated in the brand’s most recent holiday sale
B. Lapsed customers who haven’t purchased from the brand in the previous year
C. Customers who have purchased at the retailer’s outlet location
D. Customers who are members of the company’s loyalty program
Answer:
what do you need to find? area or volume?
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