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Investing $ 1 , 5 0 0 , 0 0 0 in TQM ' s Channel Support Systems initiative will at a minimum increase demand
Investing $ in TQMs Channel Support Systems initiative will at a minimum increase demand for your products in this and in all future rounds. Refer to the TQM Initiative worksheet in the CompXM Decisions menu. Looking at the Round Inquirer for Andrews, last year's sales were $ Assuming similar sales next year, the increase in demand will provide $ of additional revenue. With the overall contribution margin of after direct costs this revenue will add $ to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $ TQM investment, rounded to the nearest month?
months
TQM investment will not have a significant financial impact
months
months
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