b) What percentage improvement is needed in the sales strategy for profit to improve to $21,000? What must sales be for profit to improve to $21,000? An increase of ☐ % in sales is required to yield a profit of $21,000, for a new new level of sales of $ ☐. (Enter your response for the percentage increase to one decimal place and enter your response for the new sales as a whole number.) Hau Lee Furniture, Inc., spends 45% of its sales dollars in the supply chain and finds its current profit of $16,000 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 $21,000 so he can obtain the bank's approval for the loan. Sales Cost of material Current Situation $80,000 $36,000 (45%) Production costs Fixed cost Profit $16,000 (20%) $12,000 (15%) $16,000 (20%) a) What percentage improvement is needed in the supply chain strategy for profit to improve to $21,000? What is the cost of material with a $21,000 profit? A decrease of 13.9 % in material (supply-chain) costs is required to yield a profit of $21,000, for a new material cost of $ 31000. (Enter your response for the percentage decrease to one decimal place and enter your response for the new material cost as a whole number.) b) What percentage improvement is needed in the sales strategy for profit to improve to $21,000? What must sales be for profit to improve to $21,000?

A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $59 per unit, management projects sales of 70,000 units. Launching the crepe maker as a new product would require an investment of $500,000. The desired return on investment is 12%. The target cost per crepe maker is closest to: A. $59.00 B. $65.12 C. $58.14 D. $66.08

Ruby obtained a loan of $90,000 towards the purchase of her new home. If the loan was 75% of the purchase price, how much did she pay for the home? O $125,000 (Dollars) O $115,000 (Dollars) O $145,000 (Dollars) O $120.000 (Dollars)

14. If Product Z costs $1000 and Product Y costs $1500 Benefits 2300 units. Benefits 4000 units A.Calculate the perceived value that the customer will get from product Z and Y. (show the formula and the calculation) B.Which one will the customer probably buy ? explain . * Enter your answer

Danny Meyer Leads His Company through the Challenges of Eliminating Tips What happens when your CEO wants to remove the tip structure from your restaurant? Do you complain about the new prices as a customer? Do you worry about your paychecks as a server? Danny Meyer, CEO of Union Square Hospitality (home to some of the most successful New York restaurants), discovered these answers when he began eliminating the tip structure in most of his restaurants. He had seen firsthand the largest negative impact of a tipping culture: employees stuck in front-line positions with no chance to advance to management without taking significant pay cuts. Meyer began by first involving the affected employees in town-hall talks. These town halls happened months before any publicity was released. Meyer then hosted town halls with customers to explain the importance of fair wages for all his employees at the restaurant, not just the few who served the food. The transition period for each restaurant to…

Future Value What is the future value in 11  years of $1,000 invested in an account with an APR of 8.9 percent:  1. Compounded continuously?

Which of the following is a description of a company that has a production orientation? a. Bear & Co. produces artificial ficus trees and other artificial plants that are primarily sold to companies as office decorations. b. ABC Industries employs thousands of independent consultants who make commission selling a skincare regimen.> c. Smith Company manufactures standard yellow no. 2 pencils, which are sold in retail stores and in bulk to schools and testing centers. d. Hall Corporation manufactures.

1. What percent of 350 is 55? 2. What percent of 68 is 13? 3. What percent of 4.3 is 1.2? 4. What percent of P2.5 million is P375 thousand? 5. What percent of 3/5 is 1/2? 6. What percent of 688 is 433? 7. What percent of 439 is 23?

As part of their responsibilities, all managers get involved in planning, scheduling, and monitoring the design, development, production, and delivery of the organization's products and services. True € se

What is a BFOQ? Why is it used in the workplace? Provide 3 examples of when it might be necessary to have a BFOQ.