Recent content by markn

At the end of the first x weeks I don't think I have nx accounts. After say 50 weeks, given n = 5 it would not be 250 accounts, it must be less than 250 accounts. If each account stays a year on average some number would have quit before 50 weeks so it must be less than 250. My math is rusty...

I own a landscaping business with accounts paying regularly. If I add 5 new accounts a week and on average an account stays a customer for one year before quitting, what would my equilibrium number of accounts be? How long to reach equilibrium? how many do I need to add per week to maintain at a...