• The acquisition cost is $35,000 paid at the time of installation.
• It reduces the wait staff by one person: Figure $10 per hour, or 2020 hours per year + 18% benefits.
• Money costs are 7%
• The system may become obsolete in three years.
a. Identify the ROI and NPV of the wireless order-taking system. Discuss some of the intangibles Lisa needs to consider and make a recommendation as to whether Lisa should order such a system.
I have come up with a total of $27,553.00 for the NVP. I am having trouble determining the ROI.