The engineering team plans to purchase an enterprise resourc…
The engineering team plans to purchase an enterprise resource planning (ERP) system. The software and installation from Vendor A costs $359,000 initially and is expected to increase revenue $106,000 per year every year. The software and installation from Vendor B costs $245,000 and is expected to increase revenue $88,500 per year. The company uses a 4-year planning horizon and a 9% per year MARR. What is the PW of the recommended project?