You are designing a Web-based system where your regional offices can submit their sales reports online instead of filling them out by hand and mailing them in. Three candidate solutions have been identified. Their estimated lifetime benefits and estimated lifetime costs are shown below. All have been time-adjusted over the projected five-year lifetime of each alternative.
| |
Estimated Lifetime |
Estimated Lifetime |
| |
Benefits
|
Costs
|
| Candidate Solution 1: |
$640,000
|
$172,000
|
| Candidate Solution 2: |
$640,000
|
$160,000
|
| Candidate Solution 3: |
$640,000
|
$185,000
|
According to return-on-investment analysis, which candidate solution offers the highest ROI? If the organization sets a minimum lifetime ROI of 80 percent, which of these solutions is economically feasible? Justify your answer. Your answer should be formatted into an APA style paper.