Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SM.52 You are leading a team at a small online retailer to determine which warehouse management system to buy. The table below contains the weighted

image text in transcribedimage text in transcribedimage text in transcribed
SM.52 You are leading a team at a small online retailer to determine which warehouse management system to buy. The table below contains the weighted criteria for making this decision along with the raw scores for each of the three software options. W_IEII::I Scalability _|:ll: lFeatures || 0.20 || 8 || 7 What is Fishbowl's total weighted score? (Display your answer to two decimal places.) Number What is Latitude's total weighted score? (Display your answer to two decimal places.) Number What is SCExpert's total weighted score? (Display your answer to two decimal places.) Number Which software package has the best weighted score for Maintenance Cost? 0 Latitude O SCExpert O Fishbowl SM.65 A marketing company prides itself on its sales prowess and is looking for ways to increase profits. Given the company culture, the president calls for a 12% increase in sales to meet the profitability goals. The company currently has revenues of $10,305,000 (annually), spends 41 % of its revenues on purchases, and has a net profit margin of 7%. You are a modest purchasing intern working for this company and you want to Show the president that it may be easier to reach the profitability goals by lowering the purchasing expenses (while holding sales constant, that is, no need to increase sales by 12%). If the company is able to reach its goal of increasing sales by 12%. by how how many dollars would its revenue increase? (Display your answer as a whole number.) Number If the company is able to reach its goal of increasing sales by 12%, by how many dollars would its profit increase? (Display your answer as a whole number.) Number Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 12 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 12 percent increase to revenues? (Write your answer as a percentage, and display your answer to two decimal places.) % SM.63 A small company has $8,750,000 in (annual) revenue, spends 36% of its revenues on purchases, and has a net profit margin of 14.25%. They would like to increase their profits and they are looking at focusing in one of two directions. First, they think they can save 2.75% on their purchase expenses. Or second, they can focus on increasing sales. By what percentage would they have to increase sales in order to equal a 2.75% savings to purchasing expenses? (Write your answer as a percentage, and display your answer to two decimal places.) 0/0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Transport Operations

Authors: Allen Stuart

2nd Edition

978-0470115398, 0470115394

More Books

Students also viewed these General Management questions

Question

LO12.3 Explain how demand is seen by a pure monopoly.

Answered: 1 week ago