Question: OptionDescriptionCostsBenefitsSoftware Solutions, Inc.Software packageFour - year useful lifeLess flexible than in - house systemSome customizing needed$ 9 , 0 0 0 to purchase$ 2 ,

OptionDescriptionCostsBenefitsSoftware Solutions, Inc.Software packageFour-year useful lifeLess flexible than in-house systemSome customizing needed$9,000 to purchase$2,500 to install and configure$2,500 to load existing data$1,000 additional hardware needed$2,000 annual support fee $10,000/yr. through positive customer response. Cannot predict other specific savings. Increased sales, improved customer care, and better productivity are expected.CRM Corp.Software packageFive-year useful lifeLess flexible than in-house systemModerate customizing neededRuns slower than other options$7,000 to purchase$2,500 to install and configure$2,000 to load existing data$4,000 additional hardware needed$2,200 annual support fee in all five yearsSame as aboveDevelop C3 system in-houseIn-house systemSix-year useful life, can use our software and hardwareEasiest to update and maintain $17,000 to develop, install, and configure$1,000 to load existing dataExisting staff can handle supportSame as above
Calculate NPV

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