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Hau Lee Furniture, Inc, spends 45% of tis sales dolars in the supply chain and finds its current profit of $25,000 inadoquate. The bank is

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Hau Lee Furniture, Inc, spends 45% of tis sales dolars in the supply chain and finds its current profit of $25,000 inadoquate. The bank is insisting on an improved profit plettire prior to approval of a loan for some new equipment. Hau would the to improve the proft fine to $30,000 so he can obtain the bank's approval for the loan. a) What percentage improvement is needed in the supply chain strategy for profl to improve to $30,000 ? What is the cost of material with a $30,000 proter? A decrease of 11.11% in material (supply-chain) costs is required to yield a proft of $30,000, for a new material ceat of $40000. (Enfer your response for the percentage decrease to ane decimal place and enter your cosponse for the new material cost as a whole number.) b) What peroentage improvement is needed in the sales strotegy for proft to improve to $30,0007 What must sales be for profit to improve to $30,000 ? An increase of % in sales is required to yeld a proft of $30,000, for a new new level of sales of $ (Enter your rosponse for the percentege increase to one decimel plece and enter your response for the new sales as a whole number.)

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