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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
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 $345,000 initially and is expected to increase revenue $105,000 per year every year. The software and installation from Vendor B costs $230,000 and is expected to increase revenue $90,000 per year. Manuel's uses a 4year planning horizon and a 7.5% per year MARR. Part a What is the present worth of each investment? Vendor A: \$ Vendor B: \$
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