Question
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.
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 = $ 95Step by Step Solution
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