The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Mr. D’s Supermarket is determined to please its customers with a customer advantage card. Currently, 30 percent of all shoppers are loyal to Mr. D’s. A loyal Mr. D’s customer shops at Mr. D’s 80 percent of the time. An unloyal Mr. D’s customer shop at Mr. D’s 10 percent of the time. A typical customer spends $150 per week, and Mr. D’s is running on a 4 percent profit margin. The customer advantage card will cost Mr. D’s an average of $0.01 per dollar spent. You believe Mr. D’s share of loyal customers will increase by an unknown amount between 2 percent and 10 percent. You also believe that the fraction of the time a loyal customer shops at Mr. D’s will increase by an unknown amount between 2 percent and 12 percent. Should Mr. D’s adopt a customer advantage card? Should Mr. D’s adopt the card if its profit margin is 8 percent instead of 4 percent?
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll