Which of the Following Is the Least Costly and Most

question 12

Multiple Choice

Which of the following is the least costly and most risky method of converting from one system to another?

• A) Direct
• B) Parallel
• C) Pilot
• D) Phase-in

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Definitions:

Service Level

A measure of the quality and effectiveness of a service, often evaluated in terms of customer satisfaction, response time, and the availability of services.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much scores differ from the mean of the distribution.

Christmas Trees

In the oil and gas industry, an assembly of valves, spools, and fittings used to control the flow from a well.

Storage Cost

Represents the expenses involved in storing inventory or materials, including warehousing, labor, and material handling costs.