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Goryan [66]
2 years ago
13

Margaret Williams, production manager at Williams Manufacturing, finds her profits at $15,000 inadequate for her business. The b

ank is insisting on an improved profit picture prior to an approval of a loan for some new equipment. Margaret would like to improve the profit line to $25,000 so she can obtain the approval for the loan. Given the information below and using a Supply Chain Strategy, what percentage change of their Cost of Supply Chain Purchases would need to be reduced to achieve a $25,000 profit

Business
1 answer:
In-s [12.5K]2 years ago
7 0

Answer:

22.22%

Explanation:

The calculation of percentage in sales is shown below:-

Increase in profit required = $25,000 - $15,000

= $10,000

To achieve a profit $10,000, the required sales increases

= $10000 ÷ 18%

= $55,555.55

Percentage increase in sale = Required sales ÷ Sales of current situation

= $55,555.55 ÷ $250,000

= 22.22%

So, for computing the percentage increase in sales we simply applied the above formula.

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Rudik [331]

a fear of long words

7 0
3 years ago
Gordon Company sold 2,000 more units than budgeted of its only product. How will total fixed cost be affected
Aleks04 [339]

Answer: b. Remain constant

Explanation:

Fixed costs as the term implies, do not change depending on the units produced or sold but rather remain constant over the period. If the company sells 2,000 or 5,000 more units, the fixed costs will remain constant.

For instance, if the rent of the selling warehouse is $4,000 per month and the company stores and then sells any number of units, they will still pay $4,000 regardless.

4 0
3 years ago
An aggressive dictator is deciding where to hide his weapon of mass destruction, while the UN is deciding where to look for it.
trasher [3.6K]

Answer:

(a)

z = UN

Let the Matrix of players 1 = dictator

            X             Y            Z

           9   ²       9   ²       4   ⁵

           9   ²       4   ⁵       9   ²

           4   ⁵       9   ²       9   ²

Above is the normal form of game in matrix form with player 1 = dictator strategy.

Now, the matrix of players inspectors

    XY     9  ²      9  ²      4  ⁵

    XZ     9  ²      4  ⁵      9  ²

    YZ     4  ⁵      9  ²      9  ²

The above strategy is player 2 = UN inspectors strategy.

(b)

Mixed strategy N ash equilibrium

Therefore,

The matrix of player 1 = dictator hiding strategy :

 X   =    9,2    9,2    4,5

  Y   =    9,2    4,5    9,2

  Z   =    4,5    4,5    9,2

The matrix of player 2 = inspector secret strategy

 XY  =   9,2    9,2    4,5

 XZ  =   9,2    4,5    4,5

 YZ  =   4,5    9,2    9,2

(c)

The probability that the weapon is found

=> Seeing the table above, we will calculate 6 of 9 times of inspector calculating weapon.

=> The probability that the weapon is found is

  = 6 / 9

  = 2 / 3

  = 0.67

Explanation:

7 0
2 years ago
Alicia has been keeping money in her room that she has earned from babysitting. What should Alicia do with this money?
Olegator [25]

She should save it and put it towards college

4 0
3 years ago
Read 2 more answers
If total liabilities decreased by $27,137 during a period of time and owner's equity increased by $30,034 during the same period
juin [17]

Answer:

Assets would increase by $ 2897

Explanation:

Total Assets = Liabilities + Owner's Equity

Decrease in Liabilities = $ 27,137

Increase in Owner's Equity = $ 30,034

Total Change =$ 30,034 - $ 27,137= $ 2897

As the assets must equal the liabilities and owner's equity so the total change in liabilities and owner's equity  must equal the change in assets.

In the above question the liabilities and owner's equity in total increase by $ 2897 so the assets must increase by $ 2897.

6 0
3 years ago
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