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(1) W Limited is considering investing in an ERP system to automate its manual processes and introduce JIT. Emily has asked for assistance in evaluating the costs and benefits over 5 years. (2) The NPV is positive and the payback period is less than 2 years based on calculations in the appendix. Non-financial factors like changes to factory layout should also be considered. (3) Implementing JIT may reduce stockholding costs but requires modifying production processes. Benefits include responding faster

Author

Mahedi

Language

EN