Organizations Are Often Reluctant to Abandon Their Legacy Systems Because

question 65

Multiple Choice

Organizations are often reluctant to abandon their legacy systems because:

• A)The system was customized to meet specific needs.
• B)The process to replace the systems is inexpensive.
• C)The time involved for replacement is minimal.
• D)Information contained on the system is outdated.

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Definitions:

Centre-of-Gravity

A geographical strategy tool used in supply chain management to determine the best location for facilities by minimizing transportation costs.

Factor Rating

A quantitative decision-making technique used in operations management for evaluating alternative options or locations by assigning weights to various factors based on their importance.

Crossover Analysis

A method used to determine the point at which two different strategies result in the same cost or outcome, helping in decision-making.

Break-even Analysis

An analysis aimed at identifying the moment when income matches the expenses incurred to generate that income.