The scenario is this. You have a budget for this web-page project of $707k. The budget...

 

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The scenario is this. You have a budget for this web-page project of $707k. The budget was decided when this project was conceived two years ago. Now as the time approaches to execute the project, a detailed budget analysis is done. It is discovered that the features associated with the project exceed the budget. Some features will have to be eliminated (scrubbed). The question is, which ones...to eliminate. Use the attached spreadsheet to decide. The cost associated with one unit of each feature is known and the value-added associated with one unit of each feature is also known. The objective is to gain the greatest aggregate value possible, given the budget limitation. To determine which features to scrub, follow the directions below the spreadsheet. 2. Feature Category Number Value index Cost (1000s of $) of units Value Index Cost per Cumulative per unit per unit per category category Cost 4 Service pages -- insurance, financing S Credit card checkout 6 Cart 7 Product pages 8 Webpage architecture/design 9 Summary product description 10 Competitive product comparison pages 11 Website architecture 12 Product zoom 13 Detailed product description 14 Website search engine 10 20 5. 200 12 1. 150 10 100 10 3. 10 50 100 30 5. 1 1000 25 10 10 4 100 1 60 60 3. 15 Menu bar 16 Tool bar A 17 Tool bar 1 50 2. 30 8. 18 The scenario is this. You have a budget for this web-page project of $707k. The budget was decided when this project was conceived two years ago. Now as the time approaches to execute the project, a detailed budget analysis is done. It is discovered that the features associated with the project exceed the budget. Some features will have to be eliminated (scrubbed). The question is, which ones...to eliminate. Use the attached spreadsheet to decide. The cost associated with one unit of each feature is known and the value-added associated with one unit of each feature is also known. The objective is to gain the greatest aggregate value possible, given the budget limitation. To determine which features to scrub, follow the directions below the spreadsheet. 2. Feature Category Number Value index Cost (1000s of $) of units Value Index Cost per Cumulative per unit per unit per category category Cost 4 Service pages -- insurance, financing S Credit card checkout 6 Cart 7 Product pages 8 Webpage architecture/design 9 Summary product description 10 Competitive product comparison pages 11 Website architecture 12 Product zoom 13 Detailed product description 14 Website search engine 10 20 5. 200 12 1. 150 10 100 10 3. 10 50 100 30 5. 1 1000 25 10 10 4 100 1 60 60 3. 15 Menu bar 16 Tool bar A 17 Tool bar 1 50 2. 30 8. 18

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Here we have to eliminate cztegory with least value and high cost Feature category Value index per c... View the full answer