Kamal Fatehl production manager of Kennesaw Manufacturing, finds his profit at $19.600 (as shown in the statement below) inadequate for expanding his business, The bank is insisting on an improved profit plcture prior to approvaf of a loan for some new equipment. Kamat would tike to improve profit line to $29,600 so he can obtain the benk's approval the loan. a) What percentage improvement is needed in a supply chain strategy for profit to improve to $290,6007 What is the cost of materiat wah a $29,600 profic? A dectease of % in supply-chain costs is required to yield a profit of $29,600, for a new cost of supply chain purchases of $ (Enter your response for the percentage docrease in one decimal place and enter your response for the new supply chain cost as a wfole number)