Case Prompt: the CEO of a plastic bag manufacturing company has attended a new technology conference and he is interested in integrating a new machine that would automate part of the manufacturing process. he has engaged us to determine whether or not he should do that.
how would you structure that?
1- Cost of the Technology
- Upfront costs (I.e, machine cost; training;etc.) - Ongoing costs ( I.e. utility etc...)
2- Benefits of Technology:
- Additional revenues - Cost savings
3- Technology Integration Impact/Risks :
- Impact on Operations - Impact on Quality Etc. ...
Where would you put the Investment Criteria (NPV, Payback period, ROI?)
Is that a MECE structure?