Assignment Score: $10\mathrm{.}71\%$

Sarie

Problem $2-39$ Algo $($Analytics in Operations Management$)$

Question $3$ of $7.$

Estimate the value of a loyal customer of a loyal Volvo automobile owner. Assume the contribution margin is $0\mathrm{.}35,$ the purchase price is $$60,000,$ the repurchase frequency is every five years, and the customer defection rate is $27$ percent. Do not round intermediate calculations. Round your answer to the nearest dollar.

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