× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
pduvin pduvin
wrote...
Posts: 679
Rep: 0 0
6 years ago
A Company wants to buy a moulding machine that can be integrated into its computerized manufacturing process. It has received three bids for the machine and related manufacturer's specifications. The bids range from $3,500,000 to $3,550,000. The estimated annual savings of the machines range from $260,000 to $270,000. The payback periods are almost identical and the net present values are all within $8,000 of each other. The president just doesn't know what to do about which vendor to choose; all the selection criteria are so close together.

Required:
What suggestions do you have for the president?
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
Read 64 times
1 Reply

Related Topics

Replies
wrote...
#1
6 years ago
The president needs to consider nonfinancial and qualitative factors that may distinguish the three vendors from each other. Quality of output units, manufacturing flexibility, and cycle time are all additional factors that can be considered about the machines. Other items might include worker safety, ease of learning and using, and ease of maintenance.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  2096 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1912
  
 231
  
 1311
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Which of the following is the best resource to supplement your studies: