Sir please help me Describe IN DETAIL how an ERP system works inthe REVENUE CYCLE-meaning how theautomated feature of ERP handles sales ordersto inventory ordering to general ledgerrecording, specifically noting the automatedCONTROLS “built into" an ERP system to replacethe traditional human oversight.

The management information system is the aspect or sort of information system that is utilized by an…

Answered: Describe IN DETAIL how an ERP system…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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O Brien Corporation is a midsized, privately owned industrial instrument manufacturersupplying precision equipment to manufacturers in the Midwest. The corporation is 10years old and uses an integrated ERP system. The administrative offices are locatedin a downtown building, and the production. Shipping. and receiving departments arehoused in a renovated warehouse a few blocks awayCustomers place orders on the company s website, by fax, or by telephone. AIsales are oncredit, FOB destination. During the past year, sales have increased dramatically, but 15% of credit sales have hadto written off as uncollectible. includingseveral large online orders to first-time customers who denied ordering or receiving themercaniseCustomer orders are DiCked and sent to the warehouse. where thev are placed nearthe loading dock in alphabetical sequence b customer name. The loads dock is usedboth for outgoing shipments to customers and for receipt of incoming deliveries. Thereare l0to20 incoming…
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Describe IN DETAIL how an ERP system works in the REVENUE CYCLE-meaning how the automated feature of ERP handles sales orders to inventory ordering to general ledger recording, specifically noting the automated CONTROLS "built into" an ERP system to replace the traditional human oversight.