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June 27th, 2016
Episode 411 of 462 episodes
You have to spend money to make money. Learn about making more of your company’s product in this episode. Slow dialog: 1:42 Explanations: 3:53 Fast dialog: 17:25 Kareem: Have you seen the latest sales figures? We need to ramp up production right now. Valerie: We don’t know if that increase is simply a blip or a trend. Kareem: Those sales figures are significantly above projected levels. Our product is in demand and we need to meet that demand with a larger production run. Valerie: But that would mean a big increase in capital outlay. Kareem: We have to spend money to make money. We don’t want to be caught short if sales continue like this. Valerie: But if they don’t, we’d be saddled with a huge surplus in inventory. Kareem: When we rolled out this new product, we hoped it would catch on and it has. Are we going to sit on our hands and do nothing? Valerie: I guess you’re right. Should we increase production by 10 percent? Kareem: Ten percent? We’re doubling production. Valerie: Doubling production?! Are you crazy? Kareem: Crazy like a fox. Script by Dr. Lucy Tse