ERP systems that include administrative, sales, marketing, and HR processes are referred to as ________

Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $

yawa3891 [41]

Answer:

<h2>Forbes Division of Pitt, Inc.</h2><h3>Performance Report</h3>

by Oscar Clemente

ROI = $1,900,000/$4,500,000 x 100 = 42.222%

(Return on Investment = Operating Income/net book value of new investment x 100)

Explanation:

a) Forbes Division's Expected Income Statement at the beginning of the year: Year 1 Year 2

Sales revenue $ 16,000,000 $ 17,600,000

Operating costs:

Variable 2,000,000 2,200,000

Fixed (all cash) 7,500,000 6,750,000

Depreciation: New equipment 1,500,000 2,000,000

Other 1,250,000 1,250,000

Disposal of old equipment (loss) 3,500,000

Division operating profit $ 3,750,000 $ 1,900,000

b) Return on Investment (ROI) is a financial performance measure which evaluates the efficiency of an investment, by trying to directly measure the amount of return on a particular investment, relative to the investment's cost.

c) The Formula for ROI calculation is to subtract the initial value of the investment from the final value of the investment (which equals the net return), then dividing this new number (the net return) by the cost of the investment, and, finally, multiplying it by 100. In this Forbes Division, the operating income is taken as the difference between the initial value of the investment and the final value of the investment.

7 0

3 years ago

___________ encompasses all the activities required to get the right product into the right consumers hands in the right quantit

Verdich [7]

Answer:

The correct answer that fills the gap is: Supply Chain Management.

Explanation:

To complement the definition, supply chain management (SCM) tracks materials, information and finances during the process that goes from the supplier to the manufacturer, the wholesaler, the retailer, and the consumer. Supply chain management involves the coordination and integration of these flows, both within the same company and between different companies. It is said that the main objective of any effective supply chain management system is the reduction of inventories (assuming that the products are available when necessary). To offer optimal supply chain management solutions, there are currently sophisticated software systems with Web interfaces competing with Web-based application service providers (ASP) that are committed to providing part or all of the SCM service to Companies that hire their services.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

6 0

3 years ago

Explain how a high inflation in 2022 could negatively impact our economy.

-Dominant- [34]

Answer:

inflation could have value of good gi high and people would. ot be able to have anough to buy them such as eggs and milk. therefor alot of poverty would start to rise. hope thishelps

8 0

1 year ago

Suppose that we want to evaluate the effect of several variables onannual saving and that we have a panel data set on individual

kkurt [141]

Answer:

Following are the responses to the given question:

Explanation:

Note that others will therefore increase his age by two percent from 2009 to 1992.

$\Delta age_{i}=2 \ \ \ where \ \ i =1,2,....,n$

And if the trend is running:

$\Delta saving_{i}=\beta _{0}+\beta _{1}\Delta age_{i}+...+u_{i}$

We're breaking MLR.3 as $\Delta agei$ it's the same for all -> No different from a permanent designer cannot immediately distinguish the influence of age from the aggregate time effect because age changes per person by the same amount.

6 0

3 years ago

If you were to try to associate Project Management with the traditional functions of Supply Chain Management, A. Project Managem

MakcuM [25]

Answer:

B. Project Management encompasses all the functions of Supply Chain: Plan-Buy-Make-Deliver

Explanation:

A project can involve any aspect of logistics, e.g. building a new distribution facility, or installing an automated warehouse, etc. The main difference between project management and supply chain management is the lifespan of the work carried out. A project has a definite lifespan, e.g. a new facility must be built and it should start operating within 2 years. While operations management requires continuous day to day work, e.g. after the new facility is operating, the supply chain manager will be in charge of supply chain operations. It is normal that a supply chain manager is part of the team that handles new projects, but his/her work continues after the project is over.

4 0

3 years ago

ERP systems that include administrative, sales, marketing, and HR processes are referred to as _________.