A firm is considering an investment in an ERP system. The ex…
A firm is considering an investment in an ERP system. The expected benefits are $900,000. The costs are $1,000,000 In addition, management identified a growth real option in the form of integrated supply chain management solution. According to our application of real options analysis in class, the option would have to be worth just over ____________ in order for the firm to invest in the ERP solution.
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