Question: Please provide as much detail as possible. both a) and b) must be solved. ** 11.3 Kamal Fatehl, production manager of Kennesaw Manufacturing, finds his

Please provide as much detail as possible. both a) and b) must be solved.
** 11.3 Kamal Fatehl, production manager of Kennesaw Manufacturing, finds his profit at $15,000 (as shown in the state- ment below)inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve the profit line to $25,000 so he can obtain the bank's approval for the loan. % OF SALES Sales 100% 70% Cost of supply chain purchases Other production costs Fixed costs $250,000 175,000 30,000 30,000 15,000 12% 12% Profit 6% a) What percentage improvement is needed in a supply chain strategy for profit to improve to $25,000? What is the cost of material with a $25,000 profit? b) What percentage improvement is needed in a sales strategy for profit to improve to $25,000? What must sales be for profit to improve to $25,000? (Hint: See Example 1.) aStep by Step Solution
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