As CEO of SeaSide Marine, Rhonda Wilson knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When ABC Consulting proposes that SeaSide Marine invest in an ERP system, she forms a team to evaluate the proposal: the plant engineer, the plant foreman, the systems specialist, the human resources director, the marketing director, and the management accountant. A month later, management accountant Marcus Chumura reports that the team and ABC estimate that if SeaSide Marine implements the ERP system, it will incur the following costs: (Click the icon to view SeaSide's anticipated project costs.) The team estimates that the ERP system should provide several benefits: (Click the icon to view SeaSide's anticipated project benefits.) X i Requirements Read the requirements. Requirement 1. If the ERP installation succeeds, what is the dollar amount of the benefits If the ERP installation succeeds, the dollar amount of the benefits is 1. If the ERP installation succeeds, what is the dollar amount of the benefits? 2. Should SeaSide Marine install the ERP system? Why or why not? Show your calculations. 3. Why did Wilson create a team to evaluate ABC's proposal? Consider each piece of cost-benefit information that management accountant Chumura reported. Which person on the team is most likely to have contributed each item? (Hint: Which team member is likely to have the most information about each cost or benefit?) Print Done As CEO of SeaSide Marine, Rhonda Wilson knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When ABC Consulting proposes that SeaSide Marine invest in an ERP system, she forms a team to evaluate the proposal: the plant engineer, the plant foreman, the systems specialist, the human resources director, the marketing director, and the management accountant. A month later, management accountant Marcus Chumura reports that the team and ABC estimate that if SeaSide Marine implements the ERP system, it will incur the following costs: (Click the icon to view SeaSide's anticipated project costs.) The team estimates that the ERP system should provide several benefits: (Click the icon to view SeaSide's anticipated project benefits.) X i Requirements Read the requirements. Requirement 1. If the ERP installation succeeds, what is the dollar amount of the benefits If the ERP installation succeeds, the dollar amount of the benefits is 1. If the ERP installation succeeds, what is the dollar amount of the benefits? 2. Should SeaSide Marine install the ERP system? Why or why not? Show your calculations. 3. Why did Wilson create a team to evaluate ABC's proposal? Consider each piece of cost-benefit information that management accountant Chumura reported. Which person on the team is most likely to have contributed each item? (Hint: Which team member is likely to have the most information about each cost or benefit?) Print Done
