After one month of deliberations the technology committee presented the alternatives to the COO.Here, they are in summary form.

Alternative 1

Year 1

Year 2

Year 3

Year 4

Year 5

Costs of System

$130,000.00

Efficiency Benefits

$-

$25,000.00

$50,000.00

$75,000.00

$30,000.00

Alternative 2

Year 1

Year 2

Year 3

Year 4

Year 5

Costs of System

$26,000.00

$26,000.00

$26,000.00

$26,000.00

$26,000.00

Efficiency Benefits

$-

$30,000.00

$45,000.00

$65,000.00

$40,000.00

Question 2:Based on your learning of the different costs, do you think the COO will be happy with this research?If not, what other kinds of data are required to conduct a thorough analysis? Explain your reasoning.

Question 3: Once that data phase of the analysis is complete, what analytical methodology should the COO demand for arriving at the recommendation? Explain.