a) What percentage improvement is needed in the supply chain strategy for profit to improve to $40,000? What is the cost of material with a $40,000 profit?
A decrease of ___% in material (supply-chain) costs is required to yield a profit of $40,000 for a new material cost of $____.
B) What percentage improvement is needed in the sales strategy for profit to improve to $40,000? What must sales be for profit to improve to $40,000?
An increase of __% in sales is required to yield a profit of $40,000, for a new level of sales of $___.
Homework Answers
a)
Dollar improvement needed in supply chain strategy to improve profit to $ 40,000 = 40000 - 35000 = $ 5,000
% Decrease in material costs = 5000/63000 = 7.94 %
New Cost of material = 63000 - 5000 = $ 58,000
A decrease of _7.94_% in material (supply-chain) costs is required to yield a profit of $40,000 for a new material cost of $__58,000_.
b)
Cost of material and Productions costs make 45%+15% = 60% of Sales.
So, Fixed cost and Profit is equal to 100% - 60% = 40% of sales
New level of sales = (21000+40000)/0.4 = $ 152,500
% increase in sales = (152500-140000)/140000 = 8.93 %
An increase of _8.93_% in sales is required to yield a profit of $40,000, for a new level of sales of $_152,500_.
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Hau
Lee Furniture, Inc., spends
50%
of its sales dollars in the supply chain and finds its
current profit of $28,000 inadequate. The
bank is insisting on an improved profit picture prior to approval
of a loan for some new equipment. Hau would like to improve the
profit line to $33,000 so he can obtain
the bank's approval for the loan
a) What percentage improvement is needed in the supply chain strategy for profit to improve to $33,000? What is...
Question also asks: PLEASE
ANSWER
b) What percentage improvement is needed in the sales
strategy for profit to improve to $20,000? What must sales be
for profit to improve to 20,000?
Hau Lee Furniture, Inc., spends 55% o its sales dollars in the supply chain and finds its current profit of $15.000 equipment. Hau would like to improve the profit line to $20,000 so he can obtain the ban's approval for the loan adequate. The bank is insisting on an...
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the supply chain and finds its current profit of $5,000 inadequate.
The bank is insisting on an improved profit picture prior to
approval of a loan for some new equipment. Hau would like to
improve the profit line to $10,000 so he can obtain the bank's
approval for the loan.
Current Situation
Sales
$100,000
Cost of Material
$55,000 (55%)
Production Costs
$25,000 (25%)
Fixed Costs
$15,000 (15%)
Profit
%5,000...
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Margaret Williams, production manager at Williams Manufacturing,
finds her profits at $15,000 inadequate for her business. The bank
is insisting on an improved profit picture prior to an approval of
a loan for some new equipment. Margaret would like to improve the
profit line to $25,000 so she can obtain the approval for the
loan.
Given the information below and using a Sales Strategy, what
percentage change of sales would need to be increased to achieve a
$25,000 profit?
FACTOR...
High's Companies, a home improvement store chain, reported the
following summarized figures:
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