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James Dickey, production manager at Dickey Basketball Manufacturing, finds his profits at $ 1 0 , 0 0 0 inadequate for his business. The bank

James Dickey, production manager at Dickey Basketball Manufacturing, finds his profits at $10,000 inadequate for his business. The bank is insisting on an improved profit picture prior to an approval of a loan for some new manufacturing equipment for basketballs. Dickey would like to improve the profit line to $15,000 so he can obtain the approval for the loan. Given the information below and using a Supply Chain Strategy, what percentage change of his Cost of Supply Chain Purchases would need to be reduced to achieve a $15,000 profit?
\table[[FACTOR,Percentage,Current Situation],[Sales,100%,$100,000
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