Business, 08.04.2021 18:40 Renarock

Customer-Level Planning Circle K operates a number of convenience stores worldwide. Assume that an analysis of operating costs, customer sales, and customer patronage reveals the following: Fixed costs per store $80,000/year Variable cost ratio 0.80 Average sale per customer visit $15.00 Average customer visits per week 1.75 Customers as portion of city population 0.04 Determine the city population required for a single Circle K to earn an annual profit of $40,000. Round annual contribution per customer to two decimal places. For customers required for desired profit and required population, round up to the nearest whole number (i. e., 325.333 customers

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Customer-Level Planning Circle K operates a number of convenience stores worldwide. Assume that an a...

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