Material cost and percentage change in material cost using supply chain strategy for a profit of $25,000 in Company KF. Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

Question

Want to see the full answer?

Answer 1

Question

Chapter 11, Problem 3P

a)

Summary Introduction

To determine: Material cost and percentage change in material cost using supply chain strategy for a profit of $25,000 in Company KF.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Sales and percentage change in sales using sales strategy for a profit of $25,000 in Company KF.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Kamal Fatehl, production ma nager of Kennesaw Manufacturing, finds his profit at $15,000 (as shown in the following statement)- inadequate for expanding his business. The bank isinsisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve the profit line to $25,000 so he can obtain the bank's approval for the loan. a) What percentage improvement is needed in a supply chain strategy for profit to improve to $25,000? What is the cost of material with a $25,000 profit?b) What percentage improvement is needed in a sales strategy for profit to improve to $25,000? What must sales be for profit to improve to $25,000?

Andrew Manufacturing held an average inventory of $1.2 million (raw materials, work-in-process, finished goods) last year. Its sales were $8.5 million, and its cost of goods sold was $5.7 million. The firm operates 260 days a year. What is the inventory days' supply? Do not round intermediate calculations. Round your answer to one decimal place. Inventory days' supply (IDS): days What target inventory level is necessary to reach a 30- and 10-day inventory days' supply during the next two years? Do not round intermediate calculations. Round your answers to the nearest dollar. Target inventory level (30-day): $ Target inventory level (10-day): $

Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $48 million. During the year, the inventory of accessories turned over six times. For the next year, Cyberphone plans to increase annual sales (at cost) by 25 percent.a. What is the increase in the average aggregate inventory value required if Cyberphone maintains the same inventory turnover during the next year?b. What change in inventory turns must Cyberphone achieve if, through better supply chain management, it wants to support next year’s sales with no increase in the average aggregate inventory value?

Answer 2

Question

Chapter 11, Problem 3P

a)

Summary Introduction

To determine: Material cost and percentage change in material cost using supply chain strategy for a profit of $25,000 in Company KF.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Sales and percentage change in sales using sales strategy for a profit of $25,000 in Company KF.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 11, Problem 3P

a)

Summary Introduction

To determine: Material cost and percentage change in material cost using supply chain strategy for a profit of $25,000 in Company KF.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Sales and percentage change in sales using sales strategy for a profit of $25,000 in Company KF.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 11, Problem 3P

a)

Summary Introduction

To determine: Material cost and percentage change in material cost using supply chain strategy for a profit of $25,000 in Company KF.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Sales and percentage change in sales using sales strategy for a profit of $25,000 in Company KF.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 11, Problem 3P

a)

Summary Introduction

To determine: Material cost and percentage change in material cost using supply chain strategy for a profit of $25,000 in Company KF.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

b)

Summary Introduction

To determine: Sales and percentage change in sales using sales strategy for a profit of $25,000 in Company KF.

Answer 6

Chapter 11, Problem 3P

a)

Summary Introduction

To determine: Material cost and percentage change in material cost using supply chain strategy for a profit of $25,000 in Company KF.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

Answer 7

Chapter 11, Problem 3P

a)

Summary Introduction

To determine: Material cost and percentage change in material cost using supply chain strategy for a profit of $25,000 in Company KF.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding business in global conditions, supply chain activities can impact on the cost effectiveness of the business.

Answer 8

b)

Summary Introduction

To determine: Sales and percentage change in sales using sales strategy for a profit of $25,000 in Company KF.

Answer 9

b)

Summary Introduction

To determine: Sales and percentage change in sales using sales strategy for a profit of $25,000 in Company KF.

Answer 10

Expert Solution & Answer

Answer 11

Expert Solution & Answer

Answer 12

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 13

Ch. 11.S - Prob. 1DQ Ch. 11.S - Prob. 2DQ Ch. 11.S - Prob. 3DQ Ch. 11.S - Prob. 4DQ Ch. 11.S - Prob. 5DQ Ch. 11.S - Prob. 6DQ Ch. 11.S - Prob. 7DQ Ch. 11.S - Prob. 8DQ Ch. 11.S - Prob. 9DQ Ch. 11.S - Prob. 10DQ

Solution Summary: The author explains that supply chain management impacts business product development and can impact the cost effectiveness of the business. The company KF is expected to increase its profit from 15,000 to 25,000.

To determine: Sales and percentage change in sales using sales strategy for a profit of $25,000 in Company KF.

Want to see the full answer?

Chapter 11 Solutions