Reconciling and Clarifying CLV Formulas Peter S. Fader www.petefader.com Bruce G. S. Hardie www.brucehardie.com † March 2012 1 Introduction A standard part of many contemporary Marketing courses is a case or exercise in which students are expected to compute customer lifetime value (CLV). Typically they are given an average retention rate r‚ an average net cashflow of $m per period (having accounted for “account maintenance” costs)‚ and an assumed discount rate d. Given these inputs‚ they are
Premium Marketing
Excel Formulas and Functions Microsoft Office Excel is used to store data and crunch numbers in all types of businesses. The spreadhseet program’s power lies in Excel functions and Excel formulas‚ which allow all sorts of data analysis‚ from simple sums to standard deviations. Consider this Cheat Sheet your quick and easy Excel tutorial. Excel Functions You’re Likely to Use Some Excel functions apply to specific subject areas‚ but others are general and apply to all needs. The following list
Premium Spreadsheet Mathematics Reference
Different pollutants released from the vehicles would cause different impacts to the human body. The first one is Nitrogen oxides (NOx). When the fuels are burning at a very high temperature combined with the electric sparks in the vehicles causing the nitrogen and oxygen in the atmosphere combined together but then the formation of nitrogen oxide will react with the oxygen to form nitrogen dioxide(NO2) rapidly. If people inhaled a low level of NO2‚ the gas will irritate your eyes‚ nose‚ throat‚
Premium Oxygen Respiratory system Heart
Determining substances contained in a mixture using qualitative analysis Introduction: The purpose of this lab was to determine the substances contained in a random mixture using qualitative analysis. Qualitative analysis is the analysis of a substance in order to ascertain the nature of its chemical constituents (Qualitative analysis). The substances that could be found were iron‚ cinnamon‚ corn starch‚ baby powder‚ copper‚ and strontium. A magnetism test was used to determine whether iron or
Premium Chemistry Chemical compound Chemical substance
UNDERSTANDING THE REVENUE ALLOCATION FORMULA New Nigerian September 5‚ Daily Champion Sept.6‚ Daily Trust Sept.7‚ Leadership Sept. 7‚ Sunday Tribune Sept. 10‚ Daily Sun Sept 12‚ Vanguard Sept.15&10‚ Daily Independent October 4‚ 2006 It was my last official outing as Head of Public Relations at the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) when I joined other members of the Commission to the inauguration of a Special Committee on Revenue Allocation constituted by Federal
Premium President of the United States Federal government of the United States Nigeria
Leilani Turner HCA-240 8/11/2013 Professor Moiz Determining Financial Viability Finances and accounting are very similar and work together in a financial organization yet they are different in many ways. This essay is an overview between the differences between the two and how they operate together to determine financial viability. Accounting basically is the way finances are recorded by an organization or entity‚ to show profit and losses in a given period which is usually over a year’s
Premium Health care Health insurance Healthcare reform
Introduction- The largest sporting event in Singapore‚ Formula 1 Singapore Grand Prix‚ and official name called the Formula 1 Singtel Singapore Grand Prix. It was announced that the telecommunications company Singtel would sponsor the event in November 2007. After signing a five-year deal‚ it will be set the first ever night race Singapore’s Marina Bay street circuit and also be Asia’s first F1 street race in 2008. In one of the sport’s most striking settings‚ the street circuit snakes through the
Premium Formula One Singapore
dollars and cents to the nearest cent. S = $ [1 out of 1]- Feedback Your answer is within an acceptable range of the correct answer and you have received full marks. Calculation The accumulated value can be calculated using the following formula: show variables P = amount invested = $70‚000 r = simple interest rate (decimal) = 2.04% = 0.0204 t = time period (years) = 380 365 = 1.04109589... S = accumulated value = unknown S = P(1 + rt) = 70‚000 × (1 +
Premium Time Compound interest Mathematics
STUDY 805 The design of a Formula Student race car: a case study A Mihailidis*‚ Z Samaras‚ I Nerantzis‚ G Fontaras‚ and G Karaoglanidis Department of Mechanical Engineering‚ Aristotle University of Thessaloniki‚ Thessaloniki‚ Greece The manuscript was received on 28 November 2008 and was accepted after revision for publication on 5 March 2009. DOI: 10.1243/09544070JAUTO1080 Abstract: This paper presents the procedure followed in order to design the first Formula Student race car of the Aristotle
Premium Steering Tire
KAIZEN in Formula One? Situation: Toyota is the largest carmaker in the world. On April 2007 it overtook the US giant automaker GM for the first time. So‚ what is the problem then? Since Toyota joined the Formula One in 2002 it has never won a race or ended a season in better than fourth place. Toyota F1 team is a top spender in this industry‚ with around $500m a year‚ but cannot beat Ferrari and McLaren. This gives hard time to Toyota’s chiefs‚ who are not familiar with the situation of not
Premium Formula One Toyota Production System