7.1 Technical
Hardware and software engineering are not nearly as expensive as they used to be. Commercial of the shelf (CDTS) materials can be acquired from bidders, a comparable costs or even purchasing readymade programs that can be tailored specifically to Young- Young’s financial system requirements. Technical expertise is affordable and available. Option 1 allows room to engineer for future growth and compatibility which equals numerous other potential systems in the long run.
Option 2 increases the probability of errors or setbacks due to many moving parts. Coding schemes and translation programs must be compatible and have the potential to cost more when problems arise.
Option 3 has no initial cost to Young-Young, but the costs in human errors do to the need for double entry and not to mention more man hours will cost Young-Young more dollars in the long run. At this point option 3 is not considered feasible at all.