. Consider, as an example, buying a network of PCs for a department at your workplace, or alternatively, consider outfitting a laboratory of PCs for students at a university. For your example, estimate the onetime and recurring costs outlined in the Table Types of CostsProcurementProject-relatedStart-upOperatingExamples• Consulting feesEquipment purchase or leaseEquipment installation costs.Site preparation and modifications• Cost of capitalManagement and staff time..• Application software.• Software modifications to fit local systems• Personnel, overhead, etc., for cloud developmentTraining users in application use.Collecting and analyzing dataPreparing documentation• Managing development• Operating system software• Networking equipment installation.• Start-up personnel• Personnel searches and hiring activities.Disruption to the rest of the organization..API purchasesSystem maintenance (hardware, software, and facilities)• Rental of space and equipment• Cloud rentalManagement, operation, and planning personnel

Meaning :- To estimate the one-time and recurring cost of outfitting a laboratory of PCs for…

Consider, as an example, buying a network of PCs for a department at your workplace, or alternatively, consider outfitting a laboratory of PCs for students at a university. For your example, estimate the onetime and recurring costs outlined in the Table

Consider, as an example, buying a network of PCs for a department at your workplace, or alternatively, consider outfitting a laboratory of PCs for students at a university. For your example, estimate the onetime and recurring costs outlined in the Table

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

. Consider, as an example, buying a network of PCs for a department at your workplace, or alternatively, consider outfitting a laboratory of PCs for students at a university. For your example, estimate the onetime and recurring costs outlined in the Table

Types of Costs
Procurement
Project-related
Start-up
Operating
Examples
• Consulting fees
Equipment purchase or lease
Equipment installation costs
.
Site preparation and modifications
• Cost of capital
Management and staff time
.
.
• Application software
.
• Software modifications to fit local systems
• Personnel, overhead, etc., for cloud development
Training users in application use
.
Collecting and analyzing data
Preparing documentation
• Managing development
• Operating system software
• Networking equipment installation
.
• Start-up personnel
• Personnel searches and hiring activities
.
Disruption to the rest of the organization
.
.
API purchases
System maintenance (hardware, software, and facilities)
• Rental of space and equipment
• Cloud rental
Management, operation, and planning personnel

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