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ECES 3-5 Chapter 04, Problem 049 The engineering team at Manuel's Manufacturing, Inc., is planning to purchase an enterprise resource planning (ERP) system. The software
ECES 3-5 Chapter 04, Problem 049 The engineering team at Manuel's Manufacturing, Inc., is planning to purchase an enterprise resource planning (ERP) system. The software and installation from Vendor A costs $380,000 initially and is expected to increase revenue $125,000 per year every year. The software and installation from Vendor B costs $280,000 and is expected to increase revenue $95,000 per year. Manuel's uses a 4-year planning horizon and a 10% per year MARR. Click here to access the TVM Factor Table Calculator tudy What is the discounted payback period of each investment? Vendor A: years Vendor B: years Carry all interim calculations to 5 decimal places and then round your final answers to 1 decimal place. The tolerance is +0.2. Which ERP system should Manuel purchase if his decision rule is to select the system with the shortest DPBP? Does this decision agree or disagree with the results of the present worth analysis
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