A Company Intends to Install New Management Software for Its

question 16

Multiple Choice

A company intends to install new management software for its warehouse. The software will cost $50 000 to buy and will cost an additional $150 000 to install and implement. It is anticipated that it will save the company $45 000 through reductions in staff and $65 000 in general inventory costs in the first year after installation. What is the benefit to the company in the first year if they choose to install the software?

• A)$180 000
• B)$90 000
• C)$110 000
• D)$45 000

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Definitions:

Vary

To exhibit differences or changes in characteristics, amount, or other measurable attributes under different conditions or over time.

Chronological Age

The amount of time that has passed since an individual's birth, measured in years.

Mental Age

Mental Age is a concept used to describe an individual's cognitive ability level, expressed in terms of the average age at which normal individuals reach a particular level of mental performance.

Nonverbal Intelligence

The ability to understand and interact with others using nonverbal cues such as facial expressions, gestures, and body language, rather than verbal communication.