____ measures whether the lifetime benefits of a proposed system will be greater than its lifetime costs.
A) Operational feasibility
B) Technical feasibility
C) Schedule feasibility
D) Economic feasibility

Question

Quizplus · Accepted Answer

Economic feasibility measures the financial viability of a proposed system by analyzing whether the lifetime benefits of the system will be greater than its lifetime costs. This analysis takes into account factors such as initial investment, operating costs, maintenance costs, and expected returns on investment. The goal of economic feasibility is to ensure that the proposed system provides a positive return on investment over its lifetime.

____ Measures Whether the Lifetime Benefits of a Proposed System