Asset Management for The Righteous Inn: Projects 2 & 3 Analysis

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Added on  2022/12/19

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Project
AI Summary
This project focuses on asset management for The Righteous Inn, a hotel with a restaurant, bar, and 250 rooms. The project addresses the acquisition, maintenance, and replacement of physical assets, specifically a terminal point of sale computer system. It details the business's goals, financial situation, and customer base. The solution includes a plan for acquiring the asset, identifying potential suppliers (IBM, Fujitsu, and NCR), providing detailed specifications, and conducting a cost-benefit analysis. Fujitsu is recommended due to its lower price and promotional offers. The project also includes a maintenance plan with daily, weekly, monthly, quarterly, half-yearly, and annual requirements, as well as a plan for the asset's replacement after 10 years, including depreciation, residual value, and disposal strategies. The project also includes a detailed analysis of the second asset which is not fully provided in the solution, the project follows the same structure as for the first asset.
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