Score: 0 of 5 pts 4 of 4 (4 complete) HW Score: 73.16%, 14.63 of ... X P1-32B (similar to) Question Help As CEO of SeaSpray Marine, Rhonda Wilson knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When DMG Consulting proposes that SeaSpray 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 Mathew Cook reports that the team and DMG estimate that if SeaSpray Marine implements the ERP system, it will incur the following costs: (Click the icon to view SeaSpray's anticipated project costs.) The team estimates that the ERP system should provide several benefits: (Click the icon to view SeaSpray's anticipated project benefits.) 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 $ 770,000 Requirement 2. Should SeaSpray Marine install the ERP system? Why or why not? Show your calculations Complete the table below to calculate the expected net benefits (costs) of the project. (Use parentheses or a minus sign for net costs.) Expected benefits Expected costs Net benefits (costs) Yo Di Ge Enter any number in the edit fields and then click Check Answer Bes The Clear All Check Answer 3 parts remaining core: 73.16%, P1-32B (similar to) Question Help As CEO of SeaSpray Marine, Rhonda Wilson knows it is important to control costs and to respond quickly to in the highly competitive boat-building industry. When DMG Consulting proposes that SeaSpray Marine inves ERP system, she forms a team to evaluate the proposal: the plant engineer, the plant foreman, the systems the human resources director, the marketing director, and the management accountant. A month later, manag accountant Mathew Cook reports that the team and DMG estimate that if SeaSpray Marine implements the E system, it will incur the following costs: (Click the icon to view SeaSpray's anticipated project costs.) The team estimates that the ERP system should provide several benefits: (Click the icon to view SeaSpray's anticipated project benefits.) R More Info Costs of the Project a $360,000 in software costs b. $97,000 to customize the ERP software and load SeaSpray's data into the new ERP system c. $107.000 for employee training Print Done NUOSTCOOL Enter any number in the edit fields and then click Check Answer, 3 parts remaining Clear All Check Answer 80 esc CEO of SeaSpray Marine, Rhonda Wilson knows it is important to control costs and to respond quickly to chang the highly competitive boat-building industry. When DMG Consulting proposes that SeaSpray Marine invest in an ERP system, she forms a team to evaluate the proposal: the plant engineer, the plant foreman, the systems special he human resources director, the marketing director, and the management accountant. A month later, management accountant Mathew Cook reports that the team and DMG estimate that if SeaSpray Marine implements the ERP system, it will incur the following costs: Click the icon to view SeaSpray's anticipated project costs.) The team estimates that the ERP system should provide several benefits: i More Info R Benefits of the Project a. More efficient order processing should lead to savings of $175,000. b. Streamlining the manufacturing process so that it maps into the ERP system will create savings of $230,000 c. Integrating purchasing, production, marketing, and distribution into a single system will allow SeaSpray Marine to reduce inventories, saving $210,000. d. Higher customer satisfaction should increase sales, which in turn, should increase profits by $155.00 Print Done Enter any number in the edit fields and then click Check Answer. 3 parts remaining Clear All Check Answer 30 esc FT F2 F3 F5 @ # $ %
