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BlackZzzverrR [31]
3 years ago
12

Sam, the CEO of a product development company, is planning to implement an ERP system in his company. However, most of his colle

agues advise him against implementing such a system saying that such systems have more weaknesses than strengths. Why should Sam still go ahead with the implementation
Business
2 answers:
zalisa [80]3 years ago
8 0

Answer:

C) once in place, the ERP can dramatically enhance operational efficiencies and reduce costs.

Explanation:

Enterprise resource planning (ERP) software basically supports the entire company and helps to manage different departments (finance, HR, supply chain, customer service, production, etc.) in one single application. ERP software improves the company's efficiency, allowing access to information, improves reporting and planning, promotes collaboration between departments and eases workflows, etc.

ERP software is not a solution per se, but it is powerful tool that helps an organization be more organized, coordinated, efficient and productive.  

julia-pushkina [17]3 years ago
5 0

Answer:

once in place,  the ERP can dramatically enhance operational efficiencies and reduce costs.

Explanation:

Based on the scenario being described within the question it can be said that Sam should still go ahead with the implementation because once in place,  the ERP can dramatically enhance operational efficiencies and reduce costs. Therefore seeing as the main goal of every product development company is to output as much product as efficiently as possible and at very low costs then it is worth implementing this system.

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A physician unfairly bills a patient. What tort violation is this?
AnnyKZ [126]

Answer:

The physician would be doing Malpractice.

4 0
3 years ago
Read 2 more answers
Afirm has production function q=10"(L^0.5)*(K^0.5), where "L"0.5" means "L raised to the 0.5 power," and the same applies to the
Amanda [17]

Answer:

(A) 15 × p

(B) 225\times p{^2}

(C)  P\times 5\times k^{0.5}

Explanation:

(B) direct= demand function of labor will be,

Q: f(w),

where Q is labor demand quantity and is function of wage

K=9 constant, then production function changes to,

=30L^{0.5}

Marginal product of labor:

= 15L^{-0.5}

Marginal revenue product or value of marginal product:

=15p\times L^{- 0.5}

This is showing what revenue a firm will generate due to hiring one additional unit of labor.

So firm will keep hiring until the revenue the additional labor is generating is equal to its hiring cost or wage.

So, putting MRP or VMP to wage:

P\times15\times L^{-0.5}=W

By solving,

\frac{(225\times p^{2})}{W^{2}}=L

And the multiplicative term is 225\times p{^2}

(A) Inverse demand function of labor will be,

W: f(Q)  

where W is wage rate and demand function of labor demanded quantity.

As previously solved,

P\times15 \times L^{0.5}=W

and the multiplicative constant term is 15 × p.

(c) In long run capital will also variate, so production function will be,

=10L^{0.5}\times k{^0.5}

MP=\frac{(5\times k^{0.5})}{L^{0.5}}

VMP=\frac{P(5\times k^{0.5})}{L^{0.5}}

( p is market price of good that firm is producing using labor)

putting it equal to Wage)

W=\frac{(5\times k^{0.5})}{L^{0.5}}

and the constant term is  P\times 5\times k^{0.5}.

Note:

I did a) second place and b) on first . I already put the serial alphabet on the start of the answer.

8 0
3 years ago
You believe that the Non-Stick Gum Factory will pay a dividend of $2 on its common stock next year. Thereafter, you expect divid
Ivan

Answer:

$28.57

Explanation:

Dividend growth model can only be used in a situation where the firm pays a dividend which can tend to grow at constant rates reason been that the stock has been influenced by the growth rates which is involved in the dividends which means the firm can increase the dividends.

Therefore the Dividend that is to be paid next year will be:

$2Growth rates

5 %Rates of return

12% Return on Investment

Formular for the calculation of current price of the stock = D1/(r-g)

Where:

D1=2%

r=12%

g=6%

Hence:

2/ (0.12-0.05)= $ 33.33

=2/0.07

=$28.57

Therefore the amount I should be prepared to pay for the stock today will be $28.57

4 0
3 years ago
Customer loyalty to a business is
kari74 [83]
Good for the company cause the more loyal a customer is the more they will want to spread your sells advertisemants and recommend you to other company.
4 0
3 years ago
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The Jewel Golf Club Company, which recently began using a kanban system, has had problems with high inventory levels of one of t
AfilCa [17]

Answer:

d. six or seven

Explanation:

Given that:

Daily demand for the grip = 3000 units

average waiting time = 0.20 day

processing time =  0.10 day / container

a container holds  = 150 grips

percentage of policy used = 10% = 0.10

The  objective of this question is to determine the amount of Kanban containers would Jewel require.

the amount of Kanban containers  = Demand ( wasting time + processing time)(1+percentage policy)/ amount of container holding

the amount of Kanban containers  = 3000( 0.2 + 0.1) ( 1+ 0.10)/ 150

the amount of Kanban containers  =  3000 ( 0.30) (1.10)/150

the amount of Kanban containers  =  990/150

the amount of Kanban containers  = 6.6

SO we can infer that the amount of Kanban containers would Jewel require if a 10% policy variable is used falls within the range of  six or seven.

8 0
3 years ago
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