Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new vehicle. The average vehicle sells for $25,658 and has a margin of 7%. Based on historical averages, 88% of people buying a new vehicle at Eastern will return for service 7 times over the next 5 years. Though it varies considerably, Eastern generates approximately $98 in margin on each service visit after accounting for parts and direct labor costs. Not including service, what is the average dollar margin for each new vehicle sold?
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- At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new vehicle. The average vehicle sells for $28,350 and has a margin of 5%. Based on historical averages, 84 of people buying a new vehicle at Eastern will return for service 9 times over the next 5 years. Though it varies considerably, Eastern generates approximately $89 in margin on each service visit after accounting for parts and direct labor costs. Assume the 5 year value of the service component is $475. What would be the value of a service loyalty program that increased the average number of visits by 2 (over 5 years) and increased the probability that a new vehicle purchaser would return for service by 5 percentage points on a per customer basis?Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new vehicle. The average vehicle sells for $28,939 and has a margin of 6%. Based on historical averages, 83 of people buying a new vehicle at Eastern will return for service 9 times over the next 5 years. Though it varies considerably, Eastern generates approximately $92 in margin on each service visit after accounting for parts and direct labor costs. What is the estimated 5 year value of the service component (only) of a customer who purchases a new vehicle at Eastern Motors?
- i need help with calculating rate of diffusion for 3 crystals and 6 crystals Diffusion Diffusion Diffusion Spot Spot Time Spot Diameter 1 Diameter 3 Diameter 6 (min) Crystal Crystals Crystals (mm) (mm) (mm) 10 15 0-15 0-15 20 16 0-16 0-16 30 18 0-18 0-18 Time Rate of Diffusion for Rate of Diffusion for 3 Crystals Rate of Diffusion for 6 Crystals (min) 1 Crystal (mm/hr) 0-10 90 0-20 48 0-30 36 (mm/hr) (mm/hr) Rate [mm/h] = (diameter [mm] / time [min]) x 60 [min] Xb. The mean absolute deviation as of the end of week 10 is___ rentals enter your response here. (Enter your response rounded to two decimal places.)Below is a table of data collected over a six-month period in a local grocery store. Construct a Pareto analysis of the data and determine the percentage of total complaints represented by the two most common categories.All Other 71Checker 59General 58Service Level 55Policy/Procedures 40Price Marking 45Product Quality 87Product Request 105Checkout Queue 33Stock Condition 170
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- Course dashboard Siemens Reduces Cost with the Use of Data Visualization swered Siemens is a German company headquartered in Berlin, Germany. It is one of the world's largest companies focusing on the areas of electrification, automation, and digitalization. It has an annual revenue of 76 billion euros. at of The visual analytics group of Siemens is tasked with end-to-end reporting solutions and consulting for all of Siemens internal BI needs. This group was facing the challenge of providing reporting solutions to the entire Siemens organization across different departments while maintaining a balance between governance and self- service capabilities. Siemens needed a platform that could analyze its multiple cases uestion of customer satisfaction surveys, logistic processes, and financial reporting. This platform should be easy to use for their employees so that they could use these data for analysis and decision making. In addition, the platform should be easily integrated with…YEAR 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 ARRIVAL ('000) 35.5 28 30.3 36 49.5 56 72.4 71 79.3 96 DELAYED RATE 4.2 3.8 3.8 3.5 4.6 4.5 4.6 4.6 4.7 4.5 A marketing analyst for Rockstar Travel Company. He wants to analyze the trend of international tourist arrival in KL by using international tourist arrival rate and flight delayed rate over the past 10 years. Propose ONE (1) forecasting model that can be used by Alvin. Why would you proposed that particular model? Develop the forecasting model that you suggest in (i). Briefly explain your model.In the last year, Bakers Score's Donuts and Sweets has sold, on average, 1,391 ''Fudgie'' brownies per week. This week they introduced fat-free brownies and sold 210 at a price of $4 each. They noticed the cannibalization rate of fat-free brownies on Fudgie brownies was 40%. Bakers Score's sells their "Fudgie" brownies for $3, with a variable cost of $1.2. The new Fat-Free Brownies have a variable cost of $2. Assuming fixed costs for Fat-Free brownies are $350, how many of this new product will they have to sell to break even before cannibalization is taken into consideration?