You are the business analyst for your organization and are trying to determine the best solution for an identified problem. You have determined that you could create a software solution using inhouse resources for $65,000 and with an ongoing support of $5,600 per month. A vendor offers you a quote that they can create the software for $49,000 with an ongoing support of $6,100 per month. Which solution should you choose?
A) Create the software if you'll keep the solution less than 32 months.
B) Create the software if you'll use the solution longer than 32 months.
C) There is not enough information to determine which solution is financially better.
D) Buy from the vendor if you'll keep the solution longer than 32 months.
Correct Answer:
Verified
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