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Hau Lee Furniture, Ine, spends 50% of its soles dollars in the supply chain and finds its current proft ef $12,000 inadequate. The bank is

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Hau Lee Furniture, Ine, spends 50% of its soles dollars in the supply chain and finds its current proft ef $12,000 inadequate. The bank is insisting on an improved proft picture prior to approvat of a loan for some new equipment. Hau would lke to improve the profit line to $17,000 so he can obtain the bank's approval for the loan. a) What percentage improvement is needed in the supply chain stratogy for profil to improve to $17,000? What is the cost of matorial with a $17,000 profit? A decrease of % in material (supply-chain) costs is required to yeid a peofit of $17.000, for a new material cost of $ (Enter your response for the percentage decrease fo one decimal place and enter your response for the new material cost as a whole number) b) What percentage improvement is needod in the sales strategy for profit to improve to $17,000? What must sales be for profit to improve to $17,000 ? An increase of Wi in sales is required to yield a profe of $17,000, for a new new level of sales of (Enter four response for the percentage increase to ane olecimal phoce and enter your response for the new sales as a whole number)

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