Points: $10$

$(?)2023$ ?Capsim Management Simulations, Inc. $(1)$

Investing $ $1,500,000$ ?in TQM $\text{'}$ s Channel Support Systems initiative will at a minimum increase demand for your products $1\mathrm{.}7\%$ ?in this and in all future rounds. $($ Refer to the TQM Initiative worksheet in the CompXM Decisions menu. $)$ ?Looking at the Round $0$ ?Inquirer for Andrews, last year's sales were $ $163,608,638.$ ?Assuming similar sales next year, the $1\mathrm{.}7\%$ ?increase in demand will provide $ $2,781,347$ ?of additional revenue. With the overall contribution margin of $34\mathrm{.}2\%,$ ?after direct costs this revenue will add $ $951,221$ ?to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $ $1,500,000$ ?TQM investment, rounded to the nearest month?

Select : $1$

$13$ ?months

TQM investment will not have a significant financial impact

$19$ ?months

$6$ ?months