Question: Write an essay to explain how the 8020 graph for sales revenues would be prepared and describe typical findings with respect to proportions of products

Write an essay to explain how the 80–20 graph for sales revenues would be prepared and describe typical findings with respect to proportions of products and customers generating percentages of sales. Also, describe how a whale curve is prepared and typical findings with respect to proportions of customers generating percentages of cumulative customer profitability.

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Key points in the essay should include the items below Exercise 619 provides a numerical example for developing a whale curve Exhibit 62 illustrates a... View full answer

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