Q$3-$Set $($A$)$

a$)$ An organization has to use storage of $1000$ TB$.$ They have option to procure the storage privately or use the hosted services provided by cloud service provider. On premise storage cost is Rs$.10000$ per $4$ TB and cloud provider charges Rs$.4800$ per $6$TB per year. Which of the option would be appropriate in each of the following cases?

i$)$ Time horizon is $1$ year $[1]$

ii$)$ Time horizon is $8$ months $[2]$

iii$)$ Time horizon is $5$ year $[2]$

Show the detailed calculations in each case.

Assumption: There data storage requirements remain unchanged and there are no maintenance charges in case organization procures the storage privately