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True Blue says that annual margin for each of its loyalty progr $366.60. These customers order an average of 3.3 times per year, and contribution margin as percent of revenue averages 25% for these customers. Given these numbers, calculate average order size in retail dollars for True Blue's loyalty program members. Rounding: penny.

True Blue says that annual margin for each of its loyalty progr $366.60. These customers order an average of 3.3 times per year, and contribution margin as percent of revenue averages 25% for these customers. Given these numbers, calculate average order size in retail dollars for True Blue's loyalty program members. Rounding: penny.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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True Blue says that annual margin for each of its loyalty program members averages $366.60. These customers order an average of 3.3 times per year, and contribution margin as percent of revenue averages 25% for these customers. Given these numbers, calculate average order size in retail dollars for True Blue's loyalty program members. Rounding: penny. Your Answer: Answer
Transcribed Image Text:True Blue says that annual margin for each of its loyalty program members averages $366.60. These customers order an average of 3.3 times per year, and contribution margin as percent of revenue averages 25% for these customers. Given these numbers, calculate average order size in retail dollars for True Blue's loyalty program members. Rounding: penny. Your Answer: Answer
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