"A Person, Household, or Company That Over Time Yields a Revenue

question 44

Multiple Choice

"A person, household, or company that over time yields a revenue stream that exceeds by an acceptable amount the company's cost stream of attracting, selling, and servicing that customer" refers to a?

• A) Preferred customer
• B) Profitable customer
• C) Positive customer
• D) Perfect customer

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Definitions:

Inventory Handling Cost

The expenses associated with managing and maintaining inventory, including storage, labor, material handling, and related overhead.

Standard Deviation

A statistical measure indicating the amount of variation or dispersion from the average in a set of data.

Reorder Point System

An inventory control method that determines the lowest level of inventory before a reorder must be placed to avoid stockouts.

Lead Time

The amount of time between the initiation of a process and its completion, often referring to the delivery time of materials or the production cycle.