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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?
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Question also asks: PLEASE ANSWER b) What percentage improvement is needed in the sales strategy for...
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 __%...
Please answer B) 2x Problem 11.2 Question Help Hau Lee Furniture, Inc., spends 55% of its sales dollars in the supply chain and finds its current profit of $25,000 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 $30,000 so he can obtain the bank's approval for the loan. Sales Cost of material Production costs Fixed cost Profit Current Situation...
QUESTION B = ? 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. Sales Cost of material Production costs Fixed cost Profit Current Situation $140,000 $70,000 (50%) $28,000...
Hau Lee Furniture, Inc., spends 55% of its sales dollars in 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...
3. Hau Lee Furniture, Inc., spends 60% of its sales dollars in the supply chain and has a current gross profit of $10,000. Hau wishes to increase gross profit by $5,000 (50%). He would like to compare two strategies: reducing material costs vs. increasing sales. The current material costs and production costs are 60% and 20%, respectively, of sales dollars, with fixed cost at a constant $10,000. Analysis indicates that an improvement in the supply chain that would reduce material...
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...
11.3 Kamal Fatehl, production manager of Kennesaw Manufacturing, finds his profit at $15,000 (as shown in the statement below)-inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve the profit line to $25,000 so he can obtain the bank's approval for the loan. Sales: $250,000 -- 100% of sales cost of supply chain purchases: 175,000 -- 70% of sales other production...
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...
Marketing Question Please read the following article and answer this question: Do you think Apple's connection to their supplier impacts their relationship with their consumer? Apple, Foxconn Broke a Chinese Labor Law to Build Latest iPhones Apple Inc. and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions. The claims came from China Labor Watch, which issued...