Question: Consider the Union Gas proposed entry into the online ordering system in P1-33B. Bronson revises her estimates of the benefits from the new system's lower
Consider the Union Gas proposed entry into the online ordering system in P1-33B. Bronson revises her estimates of the benefits from the new system's lower labor costs. She now thinks the savings will be only $936,000.
Requirements
1. Compute the expected benefits of the online ordering system.
2. Would you recommend that Union Gas accept the proposal?
3. Before Bronson makes a final decision, what other factors should she consider?
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Req 1 The expected value of the benefits is the labor cost savings of 936000This is a downward revi... View full answer
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