Questions
Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon...

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 $25,800 and has a margin of 10%. Based on historical averages, 74% of people buying a new vehicle at Eastern will return for service 12 times over the next 5 years. Though it varies considerably, Eastern generates approximately $142 in margin on each service visit after accounting for parts and direct labor costs.

1. Not including service, what is the average dollar margin for each new vehicle sold?

2. What is the 5 year value of the service component of a customer who returns to Eastern Motors for servicing their vehicle?

3. What is the estimated 5 year value of the service component of a customer who purchases a new vehicle at Eastern Motors?

4. What is the total estimated CLV over a 5 year time horizon for someone who purchases a new vehicle at Eastern Motors?

5. 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 (e.g. from 75% to 80%) on a per customer basis?

I have the answers. I would just like the work to be shown in order to fully understand it. Thank you so much.

In: History

Why were there so many strikes between 1875 and 1900 if the real wages of workers...

Why were there so many strikes between 1875 and 1900 if the real wages of workers were rising ?

In: History

Potential implication of attacks in USA

Discuss the potential costs of attacks (such as 9/11 or the Boston Marathon and even smaller attacks; notwithstanding the human losses) when the attacks are successful in the Homeland 

In: History

How does Freely's depiction of science in the Islamic world compare with Lloyd's depiction of the same in China?

How does Freely's depiction of science in the Islamic world compare with Lloyd's depiction of the same in China?

In: History

What were the differences between the Federalists and the Democrats? What does it mean to be

  1. What were the differences between the Federalists and the Democrats? What does it mean to be

In: History

What does "noble savage" mean for Native Americans?

What does "noble savage" mean for Native Americans?

In: History

Antonio Pigafetta's record with Yoyoy Villame's song "Magellan"?

1) How can you compare and contrast Antonio Pigafetta's record with Yoyoy Villame's song "Magellan"?

2) As a youth in today's generation, is learning a new perspective about Magellan and the Philippines still significant? why?

In: History

Explain the Western Civilization's transformation

Explain the Western Civilization's transformation as a result of its interaction with the Muslim World. Describe how the interactions between the Muslim empires and the Christian kingdoms in the Iberian Peninsula as well as in Eastern Europe caused new developments in the Western Civilization.

In: History

Compare and/or contrast the current Progressive movement in politics today

Compare and/or contrast the current Progressive movement or contemporary Progressive politics to the Progressivism then (American Progressive movements of the late 1800s and early 1900s).

In: History

what are the types of work slaves did in the Americas? what types of jobs offered...

what are the types of work slaves did in the Americas?

what types of jobs offered more advantages and independence than others?

In: History

the effects of government action on people's lives today and in the recent past and how the various branches of government deal with the topic.

Most topics will reflect the FEDERAL government, local or state, and be about something current or within the last 40 years or so. Incorporate both your knowledge of history and government- where you should focus on the effects of government action on people's lives today and in the recent past and how the various branches of government deal with the topic. 

In: History

Real American definition

1. How does Evans define a "real American"? What evidence does Evans provide that the "melting pot" is a failure?

2. What does Evan see as the true reason for the prejudice of "real" Americans against "aliens"?

3. What is your own definition of a "real" American?

4. Do you agree with Evans that immigrants never consider themselves American? What evidence could you provide to support your claim?

In: History

What ethical considerations did English colonists take into account in seeking redress of their grievances?

During the mid-18th Century, English colonists appealed to the metropole for the redress of various grievances. considering the ethics and civics of the elite members of colonial society seeking change (later known to us as the Patriots). What ethical considerations did they take into account in seeking redress of their grievances? and How did they fail in the creation of the first American government under the Articles of Confederation?

In: History

"What is Hesiod's Theogony about"?

If someone were to ask you, "What is Hesiod's Theogony about?," what would you say? Is there a primary plot or story that seems to drive it? Or to ask that in a different way, how would you tie together the Theogony's stories about battles between the gods, shifting hierarchies among the gods, authority/kingship-among-the-gods, and subordination?

In: History

How is light understood and used in Byzantine art, and why is it significant?

How is light understood and used in Byzantine art, and why is it significant? What connections can you make between the use of light in Byzantine art and the art that preceded it? Can you trace the roots of our understanding of light as a metaphor through the ages? 

In: History