Cost structure and critical factors

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Cost Structure and Critical Factors

1. Each one of your options must have a rough cost structure associated with it, in terms of time and materials.

2. Here you are looking to break down an option into its individual pieces and assign some sort of cost to it. You will need research into what these different technologies cost in terms of hardware, software, and human capital to implement.

3. In addition to the cost structure, draw up a list of pros and cons of the options.

4. Every option almost always contains pros and cons. Management will decide what the value of each option is, based on the critical factors you are considering and the cost structure above.

Reference no: EM133480414

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