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Question: The customer loyalty model assumes that once a customer leaves (becomes disloyal), that customer never becomes loyal again. Assume instead that there are two probabilities that drive the model, the retention rate and the rejoin rate, with values 0.75 and 0.15, respectively. The simulation should follow a customer who starts as a loyal customer in year 1. From then on, at the end of any year when the customer was loyal, this customer remains loyal for the next year with probability equal to the retention rate. But at the end of any year the customer is disloyal, this customer becomes loyal the next year with probability equal to the rejoin rate. During the customer's nth loyal year with the company, the company's mean profit from this customer is the nth value in the mean profit list in column B. Keep track of the same two outputs as in the example, and also keep track of the number of times the customer rejoins.
What happens in a competitive market when the price is above the equilibrium price, and below the equilibrium price?
(Airline Reservations System) A small airline has just purchased a computer for its new automated reservations system. You've been asked to program the new system. You are to write a program to assign seats on each flight of the airline's only pla..
A smooth flat plate of length l = 6 and width b = 4 m is placed in water with an upstream velocity of U = 0.5 m/s.Determine the boundary layer thickness at the center and the trailing edge of the plate. Assume a laminar boundary layer.
Complete the following question using Java programming language Using an ADT of your preference, write an application that would be used to process student marks.
Android provides the Dalvik Virtual Machine, which allows native Android apps to be developed using a combination of Java and the Android API. Apple's iOS does not provide a Java Virtual Machine;
The member functions must be written in a file Set.cpp. You are required to provide a driver program for the above class as well.
Use Microsoft Visio or an open source alternative, Dia, to create a total of two (2) graphical representations of your proposed interfaces, one (1) for the self-check-in and one (1) for the receptionist. Note: The graphically depicted solution is ..
Evaluate the megatrend of demographics in the IT field. Give your opinion as to why IT managers must understand this megatrend when selecting talent for organizational positions.
Would information policy help the company to preventing unintentionally security attack from the employees?, if you were the decision maker of a company, would you like to setup an information policy for your policy?
solve the problem by using raptor. Find and display the largest of a list of positive numbers entered by the users. The user should indicate that he/she has finished entering numbers by entering a 0.
If you were going to invest money, given the current financial market status, where would you invest your money today?
Discuss the consumer choice of airlines. Are Malaysian Airlines ticketsnormal (or luxury), or inferior goods
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