As CEO of AquaBoat Marine, Rita Greenwood knows it is important to control costs and to...

   

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As CEO of AquaBoat Marine, Rita Greenwood knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When ABC Consulting proposes that AquaBoat 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 Marcus Cobalt reports that the team and ABC estimate that if AquaBoat Marine implements the ERP system, it will incur the following costs: a (Click the icon to view AquaBoat's anticipated project costs.) The team estimates that the ERP system should provide several benefits: a(Click the icon to view AquaBoat's anticipated project benefits.) Read the requirements. Consider each piece of cost-benefit information that management accountant Cobalt 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?) (Leave unused cells blank.) a. Estimating software costs b. Estimating cost of loading data into the new ERP system c. Customize the ERP software d. Estimate customization costs. e. Estimate training costs all team members human resource director management accountant marketing director plant engineer plant foreman systems specialist More Info Costs of the Project a. $360,000 in software costs b. $87,000 to customize the ERP software and load AquaBoat's data into the new ERP system c. $112,000 for employee training More Info Print Done Print X Benefits of the Project a. More efficient order processing should lead to savings of $190,000. b. Streamlining the manufacturing process so that it maps into the ERP system will create savings of $235,000. c. Integrating purchasing, production, marketing, and distribution into a single system will allow AquaBoat Marine to reduce inventories, saving $210,000. d. Higher customer satisfaction should increase sales, which, in turn, should increase profits by $160,000. Done 00 As CEO of AquaBoat Marine, Rita Greenwood knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When ABC Consulting proposes that AquaBoat 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 Marcus Cobalt reports that the team and ABC estimate that if AquaBoat Marine implements the ERP system, it will incur the following costs: (Click the icon to view AquaBoat's anticipated project costs.) The team estimates that the ERP system should provide several benefits: (Click the icon to view AquaBoat's anticipated project benefits.) Read the requirements. e. Estimate training costs f. Savings from more efficient order processing g. Savings from streamlining the manufacturing process h. Evaluate the effects of integrating purchasing, production, marketing, and distribution into a single system i. Estimate increase in sales from higher customer satisfaction j. Estimate benefits and costs ▸ M More Info Costs of the Project a. $360,000 in software costs b. $87,000 to customize the ERP software and load AquaBoat's data into the new ERP system c. $112,000 for employee training More Info Print Done Benefits of the Project a. More efficient order processing should lead to savings of $190,000. b. Streamlining the manufacturing process so that it maps into the ERP system will create savings of $235,000. c. Integrating purchasing, production, marketing, and distribution into a single system will allow AquaBoat Marine to reduce inventories, saving $210,000. d. Higher customer satisfaction should increase sales, which, in turn, should increase profits by $160,000. Print 00 Done As CEO of AquaBoat Marine, Rita Greenwood knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When ABC Consulting proposes that AquaBoat 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 Marcus Cobalt reports that the team and ABC estimate that if AquaBoat Marine implements the ERP system, it will incur the following costs: a (Click the icon to view AquaBoat's anticipated project costs.) The team estimates that the ERP system should provide several benefits: a(Click the icon to view AquaBoat's anticipated project benefits.) Read the requirements. Consider each piece of cost-benefit information that management accountant Cobalt 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?) (Leave unused cells blank.) a. Estimating software costs b. Estimating cost of loading data into the new ERP system c. Customize the ERP software d. Estimate customization costs. e. Estimate training costs all team members human resource director management accountant marketing director plant engineer plant foreman systems specialist More Info Costs of the Project a. $360,000 in software costs b. $87,000 to customize the ERP software and load AquaBoat's data into the new ERP system c. $112,000 for employee training More Info Print Done Print X Benefits of the Project a. More efficient order processing should lead to savings of $190,000. b. Streamlining the manufacturing process so that it maps into the ERP system will create savings of $235,000. c. Integrating purchasing, production, marketing, and distribution into a single system will allow AquaBoat Marine to reduce inventories, saving $210,000. d. Higher customer satisfaction should increase sales, which, in turn, should increase profits by $160,000. Done 00 As CEO of AquaBoat Marine, Rita Greenwood knows it is important to control costs and to respond quickly to changes in the highly competitive boat-building industry. When ABC Consulting proposes that AquaBoat 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 Marcus Cobalt reports that the team and ABC estimate that if AquaBoat Marine implements the ERP system, it will incur the following costs: (Click the icon to view AquaBoat's anticipated project costs.) The team estimates that the ERP system should provide several benefits: (Click the icon to view AquaBoat's anticipated project benefits.) Read the requirements. e. Estimate training costs f. Savings from more efficient order processing g. Savings from streamlining the manufacturing process h. Evaluate the effects of integrating purchasing, production, marketing, and distribution into a single system i. Estimate increase in sales from higher customer satisfaction j. Estimate benefits and costs ▸ M More Info Costs of the Project a. $360,000 in software costs b. $87,000 to customize the ERP software and load AquaBoat's data into the new ERP system c. $112,000 for employee training More Info Print Done Benefits of the Project a. More efficient order processing should lead to savings of $190,000. b. Streamlining the manufacturing process so that it maps into the ERP system will create savings of $235,000. c. Integrating purchasing, production, marketing, and distribution into a single system will allow AquaBoat Marine to reduce inventories, saving $210,000. d. Higher customer satisfaction should increase sales, which, in turn, should increase profits by $160,000. Print 00 Done

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Who is most likely to have contributed each item of costbenefit information Item Who is most likely to have contributed Software costs All team members Cost of loading data into the new ERP system Hum... View the full answer