Read the case $"5-1$: Garland Chocolates" in the book. I expect you to apply supply chain concepts learned in the course and demonstrate that application in your analysis. After reading the case write a detailed response to address below:

As Shanti Suppiah, what is your analysis of the situation with Edgeworth Toffee? What recommendations would you make to address the declining margins for the brand? Make sure to use the exhibits and any calculations you completed to support your decision.

Possible questions that would help you to formulate your response are

What is the likelihood of sales increasing in the future if new packaging materials are adopted? How would that change your analysis?

Can you justify investing in new equipment?

What is your impression of the $10\%$ hurdle rate?

What are the risks of outsourcing production?

What are the risks of investing in the new equipment and continuing to produce?

How does your analysis change if service levels declined?

How does your analysis change if sales increase or decrease?