Business, 06.10.2019 04:30 Miccyy

Hau lee furniture, inc., spends 55% of its sales dollars in the supply chain and finds its current profit of $20 comma 000 inadequate. the bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. hau would like to improve the profit line to $25 comma 000 so he can obtain the bank's approval for the loan. current situation sales $100 comma 000 cost of material $55 comma 000 (55%) production costs $15 comma 000 (15%) fixed cost $10 comma 000 (10%) profit $20 comma 000 (20%) a) what percentage improvement is needed in the supply chain strategy for profit to improve to $25 comma 000? what is the cost of material with a $25 comma 000 profit? a decrease of nothing% in material (supply-chain) costs is required to yield a profit of $25 comma 000, for a new material cost of $ nothing. (enter your response for the percentage decrease to one decimal place and enter your response for the new material cost as a whole number.) enter your answer in the edit fields and then click check answer.

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Hau lee furniture, inc., spends 55% of its sales dollars in the supply chain and finds its current p...

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