Trails and Paths, Inc. had average operating assets of $6,000,000 and sales of $3,000,000 in 2016. If the controllable margin was $600,000, the ROI was
a) 20%
b) 40%
c) 10%
d) 50%
Answer: c) 10%
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LifeTime Insurance screens its customers and tries to get unprofitable customers to buy services from competitors. This is an example of ________
A) trying to increase the retention rate for low-profit customers B) terminating the relationship with low-profit customers C) enhancing the growth potential of each customer through up-selling D) increasing the longevity of the customer relationship E) reducing the rate of customer defection
Solve this problem graphically and determine how many of each item the analyst should pack
A novice business analyst develops the following model to determine the optimal combination of socks and underwear to take on his next business trip. The model is as follows: Maximize 5S+7U subject to: 3S - 2U? 45 7S + 3U? 33 2S + 8U? 70