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The engineering team at Manuel%u2019s 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%u2019s uses a 4-year planning horizon and a 10 percent per year MARR. Based on an internal rate of return analysis, which ERP system should Manuel purchase?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9448401

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