Question Help P1-39A (similar to) 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 BDG 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 Mark Chappel reports that the team and BDG 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.) Read the requirements Requirement 1. If the ERP installation succeeds, what is the dollar amount of the benefits? the ERP installation succeeds, the dollar amount of the benefits is ncom 3) i More Info +1. If stalla Costs of the Project a. $370,000 in software costs b. $70,000 to customize the ERP software and load SeaSide's data into the new ERP system c. $125,000 for employee training Print Done Ellers (Cli Read the More Info Required If the ERI Benefits of the Project More efficient order processing should lead to savings of $170,000 1. Streamining the manufacturing proces so that it mape into the ERP system will create savings of $250,000 e Integrating purchasing, production, marketing and distribution into a single nyuter will slow SeaSide Marine to reduce inventories, savo $220,000 . Higher customer satisfaction should increase sales, which in tum, should increase profits by $165,000 corne 3) Print Done Isabelle Solis rk: Chapter 1 Homework 5 of 7 (4 complete) HW Score: 58 ar to) Marine, Rhonda Wilson knows it is important to control costs and to respond quickly to changes in the highly competitive be ng proposes that SeaSide Marine invest in an ERP system, she forms a team to evaluate the proposal: the plant engineer, the human resources director, the marketing director, and the management accountant. A month later, management account and BDG estimate that if SeaSide Marine implements the ERP system, it will incur the following costs: view SeaSide's anticipated project costs.) that the ERP system should provide several benefits: o view SeaSide's anticipated project benefits.) Requirements he or 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 BDG's proposal? Consider each piece of cost-benefit information that management accountant Chappel 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
