Compute for the Customer Lifetime Value (CLV) of the following situations. 1. For every visit of Mrs. Uzumaki in her favorite boutique she spends P50,000.00 once a month for an unexpected time period of ten years. Answer: 2. An executive officer spends P3,000.00 for his lunch once a week for a period of five years. Answer: 3. Mr. Uchiha, an overseas employer, spends P200,000.00 for every package he spends quarterly for an unexpected time period of seven years.

Compute for the Customer Lifetime Value (CLV) of the following situations. 1. For every visit of Mrs. Uzumaki in her favorite boutique she spends P50,000.00 once a month for an unexpected time period of ten years. Answer: 2. An executive officer spends P3,000.00 for his lunch once a week for a period of five years. Answer: 3. Mr. Uchiha, an overseas employer, spends P200,000.00 for every package he spends quarterly for an unexpected time period of seven years.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter10: Introduction To Simulation Modeling

Section: Chapter Questions

Problem 41P: At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 =...

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