Which Activity Is Performed During the Planning Phase of SDLC

question 132

Multiple Choice

Which activity is performed during the planning phase of SDLC?

• A) Identify and select the system for development
• B) Assess project feasibility
• C) Develop the project plan
• D) All of these

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Definitions:

Carrying Costs

Expenses associated with holding inventory, including storage costs, insurance, and loss due to obsolescence.

Shortage Costs

Expenses incurred from inventory deficits, including lost sales and additional costs for expedited shipping.

Adjustment Costs

Expenses incurred in the process of modifying a business operation or strategy, including restructuring or equipment changes.

Transaction Motive

The need to hold cash for the purpose of conducting day-to-day business operations.