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anyanavicka [17]
4 years ago
15

LO 1.5What is an enterprise resource planning (ERP) system? What are the principal benefits of such a system?

Business
1 answer:
Marta_Voda [28]4 years ago
5 0

Answer:

ERP(Enterprise resource planning)system is the software model that depicts about the management and handling of business processes.It permits the organization and business to use integrated application so that their function can become obstruction-less and automate complex function.Business processing can easily deal with the technology, application software, programs and human resources.

Benefits provided by ERP system are as follows:-

  • Increasing the productivity of organization
  • Can derive the solution for complex processes
  • streamlined working processes.
  • Improved efficiency etc.
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Answer:

Please see attachment

Explanation:

Please see attachment

6 0
4 years ago
A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month.
Ierofanga [76]

Answer:

the number of containers that should be used is 1.67 containers

Explanation:

The computation of the number of containers that should be used is as follows;

= Annual demand × time × (1 + inefficiency factor) ÷ holding pieces

= 71 × 0.83 × (1 + 0.16) ÷ 41

= 1.67 containers

Here The time is converted from minutes to hour i.e

= 50 minutes ÷ 60 minutes

= 0.83

Hence, the number of containers that should be used is 1.67 containers

6 0
3 years ago
Rosie's Flower Shop sells bouquets of roses for $15 each. If Rosie hires 10 workers, she can sell 500 bouquets per week. If she
klasskru [66]

Answer:

The correct answer to this question is A) with the addition of 11th worker , the marginal profit ( for 11th worker ) of Rosie's flower shop would be $500.

Explanation:

Marginal profit can be defined as the additional amount of profit that a company earns because of an additional unit that had been produced.

Here we can calculate what marginal profit would be for the 11th worker as-

Workers   Selling price             Cost price                 Profit

10             $7500 (500 x $15)    $4000 (10 x $400)   $3500

11              $8400 (560 x $15)    $4400 (11 x $400)   $4000

So from the given above information we can say that if we take out the marginal profit for 11th worker it would be $500 ( $4000 - $3500 ).

8 0
3 years ago
You were hired by a small business as the project manager of a project involving a market analysis. This project will determine
maria [59]

Answer:

Explanation:

check the attached files

8 0
3 years ago
If a company uses the indirect method to report cash flows, where, if at all, would a decrease in accounts receivable be classif
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Answer:

The answer is C. operating activities section

Explanation:

Irrespective of whether it is direct method or indirect method, decrease or increase in accounts receivable will be in an operating activities section. Changes in working capital like inventory reflects in operating section.

Investing section contains the purchase and sale of long term asset or investment. And financing section is about repayment of debt and equity

7 0
3 years ago
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