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Hau Lee Furnture, Inc, spends 45% of its sales dolars in the supply chain and finds its current profe of $25,000 inadequate. The bank is
Hau Lee Furnture, Inc, spends 45% of its sales dolars in the supply chain and finds its current profe of $25,000 inadequate. The bank is insisting on an improved proft picture prior to approval of a laan 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. a) What percentage improvement is needed in the suppy chain strategy for proft to improve to $30,0007 What is the cost of material with a $30,000 profit? A decrease of 6 in material (supply-chain) costs is required to yeld a peofl of $30,000, for a new material cost of $ and enter your response for the new material cost as a whole number) (Enter your response for the percentoge decrease fo one docimal place
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