Hau Lee Furniture, Inc., spends 55% of its sales dollars in the supply chain and finds its current profit of $28 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 $33 comma 000 so he can obtain the bank's approval for the loan. Current Situation Sales $140 comma 000 Cost of material $77 comma 000 (55%) Production costs $28 comma 000 (20%) Fixed cost $7 comma 000 (5%) Profit $28 comma 000 (20%) a) What percentage improvement is needed in the supply chain strategy for profit to improve to $33 comma 000? What is the cost of material with a $33 comma 000 profit? A decrease of nothing% in material (supply-chain) costs is required to yield a profit of $33 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.

What is the connection between digital transformation and customer experience

Needs to schedule the staffing of the center. it is open from 8am until midnight. larry has monitored the usage of the center at various times of the day and determined that the following number of computer consultants are required: time of dayminimum number of consultants required to be on duty8 am-noon4noon-4 pm84pm-8pm108pm-midnight6 two types of computer consultants can be hired: full-time and part-time. the full- time consultants work for eight consecutive hours in any of the shifts: morning (8am- 4pm), afternoon (noon-8pm) and evening (4pm-midnight). full-time consultants are paid $14 per hour. part-time consultants can be hired to work any of the four shifts listed in the table. part-time consultants are paid $12 per hour. an additional requirement is that during every time period, there must be at least two full-time consultants on duty for every part-time consultant on duty. larry would like to determine how many full-time and part-time consultants should work each shift to meet the above requirements at the minimum possible cost. formulate this as an lp problem. you must define your variables clearly

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow