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Write a chain rule formula for the following derivative.
- for
Lifetime Value
The total net profit attributed to a customer over the entirety of their relationship with a company.
Transaction-by-Transaction Basis
Evaluating or managing each transaction individually rather than considering overall performance over time.
Quick Response System
A supply chain management approach designed to speed up inventory replenishment and enhance efficiency.
Sustainable Competitive Advantage
A long-term strategy that allows an organization to consistently outperform its competitors over time, due to unique resources or capabilities.
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