In RFM Analysis,an F Score of 1 Shows That ________

question 5

Multiple Choice

In RFM analysis,an F score of 1 shows that ________.

• A) the customer has bought the least expensive item
• B) the customer has frequently placed an order
• C) the customer has always bought the most expensive item
• D) the customer has rarely made a purchase

Determine total and per-unit costs within the relevant range.

Calculate prime and conversion costs.

Understand the general guidelines and purposes of career assessment.

Comprehend the importance of collaborative assessment and its focus on client needs.

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Definitions:

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of production or output within a given period.

Marginal Product of Labor

The additional output a firm gains by employing one more unit of labor, holding other inputs constant.

Variable Input

An input whose quantity can be changed in the short run to increase or decrease production.

Average Product of Labor

The output produced per unit of labor input, calculated by dividing total output by the total number of labor units used.