operation reserch

Project Description:

over any given month, dress-rite loses 10% of its customers to fashion, inc., and 20% of its
market to luxury living. but fashion, inc., loses 5% of its market to dress-rite and 10% of
its market to luxury living each month; and luxury living loses 5% of its market to fashion,
inc., and 5% of its market to dress-rite. at the present time, each of these clothing stores has
an equal share of the market.
(a) what would be the market share of each company in the long run?
(b) what do you think the market shares will be after three months?
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Project Stats:

Price Type: Negotiable

Expired
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