Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

After finding possible solutions to your selected problem/opportunity, use a Cost-Benefit Table to determine which solution best solves the problem. Conclude which solution you would

After finding possible solutions to your selected problem/opportunity, use a Cost-Benefit Table to determine which solution best solves the problem. Conclude which solution you would recommend for your client based on the data in your table.

You can also use the hand-out as a model: Tutorial C (see below attached) or draw your own table in a similar way.

Generate a minimum of 3 potential solutions to the problem you have selected.

Submit as part of your assignment: 1. Who is your Client _______________________________

Give short Company Background and Problem identified at this company (or use one given - copy from above)

2. Ranked Criteria (product attributes that are critical to the business ) for picking these solutions.

Use the criteria and show visually how you are comparing with this criteria (color or number the cost and benefit to correspond with each criteria you are showing in your table)

3. Show a table with each solution's cost and benefit details. (a minimum of 3 alternatives required)

Remember all these alternatives need to be IT technology.

4. Conclude which of the alternatives you would recommend for your Client.image text in transcribed

PC/Internet vs. PA Sound Costs Benefits Costs Benefits Buy PC = $1750 Buy PA Syst. = $3230 Increased Productivity = 1*$35*50= $1750 Increased Productivity = 2*$35*50= $3500 Internet Connection = $ 320 Installation & Connection = $ 150 Easy operation = 1*$35*5 = $175 Radio Programs = $200 Total = $2070 Total = $1750 ||Total = $3580 Total = $3675 Difference + - $ 320 Difference = $ 95 PC/Internet vs. PA Sound Costs Benefits Costs Benefits Buy PC = $1750 Buy PA Syst. = $3230 Increased Productivity = 1*$35*50= $1750 Increased Productivity = 2*$35*50= $3500 Internet Connection = $ 320 Installation & Connection = $ 150 Easy operation = 1*$35*5 = $175 Radio Programs = $200 Total = $2070 Total = $1750 ||Total = $3580 Total = $3675 Difference + - $ 320 Difference = $ 95

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

When is it appropriate to use a root cause analysis

Answered: 1 week ago