Please make the answer lengthy and give the detailed description in each and every point The product according to our project is woolen scarves that are imported from Waverly Mills, Australia.

In the interests of "continuous improvement" and based upon what the management team has now learned about their total costs, expected revenue and gross margin, this information will be used to consider and explain in detail the following specific improvements:

i)How the costs of goods sold could be reduced by 10%

ii)How gross margins could be increased (by any reasonable amount);

iii)How delivery times could be reduced

iv) How product quality improvements could be achieved.