Answered step by step
Verified Expert Solution
Question
1 Approved Answer
solve part b please loan for some new equipment. Hau would tike to improve the profit line to $19,000 so he can obtain the bank's
solve part b please
loan for some new equipment. Hau would tike to improve the profit line to $19,000 so he can obtain the bank's approval for the loan. a) What percentage improvement is neoded in the supply chain strategy for profit to impeove to $19,000 ? What is the cost of material with a $19,000 profit? A decrease of 7.% in meteriel (supply-chain) costs is required to yeld a profit of $19,000 for a new material cost of $ (Enter your response for the percendage decrease to ene decimal place and enfor your response for the now material cost as a whole number) b) What percentage improvement is needed in the sales strafegy for profit to improve to $19,000? What must saies to for profn to impeove to $19,000 ? An increase of % in sales is required to yiold a profit of $19,000, for a new new level of sales of $ (Enter your respanse for the percentage increase to one decimal place and enfer your response for the new sales as a wholo number) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started