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.