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Company A finds profit at $15,000 inadequate for expanding business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Company A would like to improve the profit line to $25,000 to obtain the bank's loan approval.
1. What percentage improvement is needed in a supply chain strategy for profit to improve to $25,000? What is the cost of material with $25,000 profit? 2. 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? Sales = $250,000 (100% of sales); Cost of supply chain purchases = $175,000 (70% of sales); other production costs = $30,000 (12$ of sales); Fixed Costs = $30,000 (12% of sales); Profit = $15,000 (6% of sales)
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Calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. Find the critical set of activities for the project.
What do you understand by line balancing? what happens if balance doesn''t exists?
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