________ Analysis Is a Way of Analyzing and Ranking Customers

question 45

Multiple Choice

________ analysis is a way of analyzing and ranking customers according to their purchasing patterns.

• A) Regression
• B) CRM
• C) Market-basket
• D) RFM
• E) Cluster analysis

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Definitions:

Isocost

A line representing all combinations of a firm’s inputs that have the same total cost.

Total Cost

The total of constant and fluctuating expenses involved in the creation of products or services.

Isocost Line

a graphical representation in economics showing all possible combinations of inputs that cost the same amount for a firm.

Price Of Capital

The cost of utilizing capital or funds in the production of goods or services, often expressed as an interest rate.