The owner of Barb’s Burgers has suggested the firm should invest in more modern technology and created a list of potential changes she thinks may be helpful as an investment. She has asked you to analyze the four potential choices and comment on what this would change in terms of cost: Hire a firm to create an online system to allow customers to order even when they are not physically at Barb’s Burgers. This would allow for people to ensure their orders were input correctly for those who are pickier eaters. The online system would need to be integrated into the point of sales system to track orders for the kitchen Question: Argue how each of these is likely to change the cost of the firm once implemented (i.e. are any of these a fixed cost or a variable cost). How this adjust the amount of labour and/or capital currently necessary for the firm? Would the technology be a general technology, labour-saving, or capital-saving?
The owner of Barb’s Burgers has suggested the firm should invest in more modern
technology and created a list of potential changes she thinks may be helpful as an
investment. She has asked you to analyze the four potential choices and comment on
what this would change in terms of cost:
Hire a firm to create an online system to allow customers to order even when they
are not physically at Barb’s Burgers. This would allow for people to ensure their
orders were input correctly for those who are pickier eaters. The online system
would need to be integrated into the point of sales system to track orders for the
kitchen
Question: Argue how each of these is likely to change the cost of the firm once implemented (i.e. are any of these a fixed cost or a variable cost). How this adjust the
amount of labour and/or capital currently necessary for the firm? Would the technology be a general technology, labour-saving, or capital-saving?
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