Explain computer and software result in increased profits, Operation Management

Assignment Help:

The chief information officer recommends that a new computer and software be purchased and installed at a cost of $100,000. This investment will decrease manpower costs by $4 per chair and shipping and handling by $2 per chair, which he says should result in an increase in profits of 10 percent. Will the purchase of the new computer and software result in increased profits, and if so, by how much?

a. Yes, by 12.6 percent.

b. No, by -9.8 percent.

c. Yes, by 22.6 percent.

d. Yes, by 7 percent.


Related Discussions:- Explain computer and software result in increased profits

Layouts of supermarkets, pick a supermarket of your choice, observe the lay...

pick a supermarket of your choice, observe the layout and why the layout is like that

Simplex method, The given problem can be expressed as an LPP as follows:...

The given problem can be expressed as an LPP as follows: Let X i represent the number of units shipped from plant to warehouse with Z representing the total cost we

Explain requirements to offer someone a top manager position, Which are you...

Which are your top 10 requirements to offer someone a top manager position?

Explain difference between two population means, In estimating the differen...

In estimating the difference between two population means, if a 95 percent confidence interval includes zero, then we can conclude that there is a 95 percent chance that the differ

Location, How to find the total distance using Euclidean distance formula

How to find the total distance using Euclidean distance formula

Explain the common grounds for discharge, Describe the common grounds for d...

Describe the common grounds for discharge and the procedural requirements that are outlined in many collective bargaining agreements. State why the following are important when the

Assuming these are the critical attributes for perfect order, An analysis o...

An analysis of order and shipment data shows that the order fill rate is 97.1% and ABBA collected the following data concerning customer service performance: Late delivery-5 per

Explain formulate a marketing mix plan, Formulate a marketing mix plan for ...

Formulate a marketing mix plan for a travel agency by constructing a minimum of three marketing objectives and goals for each of the marketing mix components, product, price, distr

When the dividend is expected to grow, Harrison Clothiers' stock currently ...

Harrison Clothiers' stock currently sells for $26.00 a share. It just paid a dividend of $2.25 a share (i.e., D0 = 2.25). The dividend is expected to grow at a constant rate of 7%

Explain where will the bottleneck in the system be, The process for renewin...

The process for renewing a driver's license at the Archer County Courthouse is as follows. First, the clerk fills out the application; then the clerk takes the driver's picture; an

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd