When Systems Are Created Rapidly, Without a Formal Development Methodology

question 62

Multiple Choice

When systems are created rapidly, without a formal development methodology

• A) end users can take over the work of IT specialists.
• B) the organization quickly outgrows the new system.
• C) hardware, software, and quality standards are less important.
• D) testing and documentation may be inadequate.

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Definitions:

Coordinating Orders

The process of ensuring that orders from different customers or for various products are managed in a way that optimizes resources and delivery times.

Fixed Ordering Cost

The constant expense associated with placing an order, regardless of the order size, including administrative expenses and fees.

Material Cost

The expense incurred in acquiring the raw materials needed to produce a good, often a significant portion of total production costs.

Holding Cost

The expenses associated with storing unsold goods, including storage, insurance, and deteriorating costs.