Tangible and Intangible Costs and Benefits
Suppose you work for Wings on Mend, Inc., a company that manages the storage in warehouses and delivery of airplane parts. Your company decides to incorporate a materials tracking system for its warehouse so as to track airplane parts received or shipped from the warehouse. The current inventory system shows that parts are present when there are none left. Likewise, sometimes the system automatically places orders for parts that are present.
On the basis of this information, perform the following tasks:
Describe the following types of costs and benefits of the materials tracking system in a tabular format:
Tangible and intangible
Objective and subjective
Direct and indirect
Controllable and noncontrollable
Fixed and variable
Certain and probabilistic
Submit a 4- to 5-page document containing a tabular description of all six types of costs and benefits listed in Task 1. Your document should conform to the APA style.
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