Question
ASSIGNMENT# Life-Time Value For this assignment you will need to pick a product and calculate your lifetime value as a customer of that product (Women
ASSIGNMENT# Life-Time Value
For this assignment you will need to pick a product and calculate your lifetime value as a customer of that product (Women should use starting age as 13 and ending age as 85) (Men should use starting age as 13 and ending age as 82). The product you pick should be something you buy at least once a week and you use at least once a week (the more you use the better). Show your work in the calculation and then provide at least 2 paragraphs for explanation of your answer, explaining:
1-How would a company benefit from knowing this information?
2-How do you feel when you see the total amount of money you will spend on the item in your lifetime?
3-Would you change how you purchase the item, more or less often, based on your own calculations?
(30 points)
Please note you are required to show your math work, provide charts, graphs, and explanation for all of your answers to demonstrate your understanding of the concepts. For further information on how to do the problems, please reference the examples utilized in the textbook. If additional assistance should be required, please contact your instructor via email.
"Please write for male and between 450-500 words"
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