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A cable company sells three types of service packages. A basic service package costs $30 per month, the premium package costs $50 per month, and the super-premium package costs $80 per month. 40% of the customers opt for the premium package and 10% opt for the super premium package. Regardless of the type of customer, the cable company spends $75 per year to maintain a customer. 80% of the customers remain with the company from one year to the next. Assuming a discount rate of 12% a) what is the lifetime value of an average customer? b) what is the lifetime value of a super-premium customer? If the acquisition cost is $ 700, will you acquire a new customer?
Explain what is meant by the statement "AHIMA is a membership organization." Why might a managed care organization (like an HMO or PPO) require patients to see a primary care physician before seeing a specialist?
The purpose of this plan is to identify and analyze the changes that will impact the team. This plan will offer suggestions and strategies for managing the change and will include a communication plan, activities required, and risk identification.
You volunteer some of your spare time to your local fire department and have been asked by an assistant chief to analyze data on firefighters who applied for promotion. The assistant chief wants to ensure that gender bias is not a concern in the prom..
Develop a production aggregate plan and calculate the corresponding cost, given the following forecast: Month 1 2 3 4 5 6. Use steady regular output of 400 units per month, use overtime as needed for up to 40 units per month, and use subcontracting t..
Three Ships Winery produces two different wine blends. A batch of the Dark Night blend uses 4 tons of malbec grapes and 2 tons of merlot grapes. A batch of the Morning Star blend uses 2 tons of malbec grapes and 4 tons of merlot grapes. The winery ha..
Case Study on business managerial field. External environment : include how the refinery fits at the corporate level,who his stakeholders are and how MacGregor manages this external environment.
How you intend to ensure the organization's vision, mission, and people strategies and values statements are aligned with the proposed strategic plan. Sources you expect to use to perform an external environmental analysis
Does innovation tap into something unique about the human condition that allows us to focus on something greater than ourselves? If so, what does this say about tapping into our nature as humans to encourage others to engage in creative endeavors and..
As a continuation of the diversity training manual, you (as the new manager of human resources) should now create portions that specifically address gender issues and are targeted at training and raising the sensitivity of all supervisors regardin..
In general beer is considered a product that can alter a person's state of mind and can also be the cause of accidents. Consider yourself working for a global company that sells a global brand of beer. According to the ethical framework, which approa..
what are three way to Shorten the time required to complete the work on the critical path may be done?
A young couple has $20,000 (90% of their savings) to invest in either savings bonds or a real estate deal. The (zero coupon) savings bonds return $25,000 ($5,000 interest) in three years. What do you know about the certainty equivalent (for the coupl..
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