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Tom [10]
4 years ago
12

Discuss the advantages and disadvantages to using computer technology for managerial decision-making. Identify and discuss one d

ecision, personally or professional, you have utilized technology for forming your decision and why.
Business
1 answer:
Sunny_sXe [5.5K]4 years ago
5 0

<em>Advantages and Disadvantages may arise when we use computer technology for managerial level of decision-making. Some of these are the following: </em>

<em>Advantages: </em>

  • <em>Process can be done easier and faster with the use of automatic conditions to suggest decisions  </em>
  • <em>Minimal errors are presented in terms of computations - Computers cannot make a mistake on computation. Only if the formula is wrong, but this thing is depends of the software developer. </em>

<em>Disadvantages: </em>

  • <em>Some rules cannot be bend. No exceptions can be made if systems are the ones to decide. - because of the system, some rules must remain implemented even the employees reason are valid. For example if the employees was absent for two weeks, the system can tagged him as AWOL. But in reality, there was an emergency case happened to him. </em>
  • <em>One step cannot be skipped. - each process in the system should be finished before the next process can execute. No shortcuts. </em>

<em> </em>

<em>As for the second question, there was a time that I have to decide if a certain client can reloan to our company. But since he has no questionable record in our system, the system recommends him for a higher amount. In reality, this client has a bad behavior towards us. We don't want to renew his loan. But the system permits him to do a transaction with us. </em>

<em />

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bixtya [17]

Answer:

Net change in income = $8,100

Explanation:

Given:

Current credit sales= $270,000 per year.

Average collection period= 90 days

A 2/15, net 90 means a 20℅ discount if payment is made within 15 days.

Which means new credit terms increase will be

(90/15) * 20℅ = 120℅

We now find the following:

•Revised sales will be = (current sales * new credit terms increase)

= $270,000 * 120℅ = $324,000

•Increase in sales = ( new sales - current sales)

=$324,000 - $270,000 = $54,000

•Profit increase = (profit percent * Increase in sales)

= 15℅ * $54,000 = $8,100

• Average receivable under existing policy =

= $270,000 * (90/360) = $67,500

• Average under new policy =

$325,000 * (15/360) = $13,500

• Receivable reduction= $67,500 - $13,500 = $54,000

• Interest savings

= $54,000 * 12℅ = $6,480

• Cost of discount =

$324,000 * 2℅ = $6,480

Therefore the net change in income if new credit terms are adopted will be = (increase in profit + interest savings - cost of discount)

= $8,100+$6,480-$6,480

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3 years ago
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Answer:

The correct answer is letter "B": Yellow dog contracts.

Explanation:

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George secured an adjustable-rate mortgage (ARM) loan to help finance the purchase of his home 5 years ago. The amount of the lo
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Answer:

$1,680

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during the first 5 years, the monthly payment will = $2,816.18

I prepared an amortization schedule. After the 60th payment, the principal owed = $335,580

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calculation to determine the monthly payment:

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Download pdf
4 0
3 years ago
Stranahan Company allocates overhead based on machine hours. Estimated overhead costs for the year total $217,000 and the compan
castortr0y [4]

Answer:

Allocated MOH= $7,000

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<u>First, we need to calculate the predetermined overhead rate:</u>

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Predetermined manufacturing overhead rate= $7 per machine hour

<u>Job 45:</u>

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Allocated MOH= $7,000

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