Question: GOAL Co is considering a new inventory forecasting system that will result in the following costs and inventory savings: System Cost 180,000 Inventory Reduction 500,000

GOAL Co is considering a new inventory forecasting system that will result in the following costs and inventory savings: System Cost 180,000 Inventory Reduction 500,000 1% Reduction in Inventory Damage per Quarter 20,000 Reduction in Borrowing Costs @ 5% 25,000 TOTAL Annual Savings 45,000 Payback 4 years

Question:

How you will explain the rationalization for the numbers used and approving this investment?

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