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.

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?

Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.