1. What is the meaning of analysis? What is the purpose of the analysis phase of the SDLC?  4. Distinguish between business, user, and functional requirements. 5. Explain what is meant by a functional requirement. What are two types of functional  requirements? Give two examples of each. 6. Explain what is meant by a nonfunctional requirement. What are the primary types of nonfunctional requirements? Give two examples of each.

How are product requirements gathered, documented, and prioritized during the product development process?

Cannibalization Analysis The "Bare Bone" model has a list price of $2.99. UVC is $1.50 and projected sales for the year is 2,000,000. "Bill" retails for $3.99 with a UVC of $1.79 and has a sales forecast of 500,000. Projected first year sales of "Bodacious Bill" is 1,000,000 units. Fixed costs to enable insertion of audio sound effects for "Bodacious Bill" will be $2M for the first year. The "Bodacious Bill" will have a 50% markup on the breakeven price. Unit cost (breakeven price) = unit variable cost + (fixed cost/# of products produced). List (markup) price = unit cost * (1+ desired % markup on the retail price). Unit variable cost, including technical parts, add up to $4.99 What would be the list price on Bodacious Bill to break even? 50% of first year sales would be incremental. Of the remaining volume, 80% will be cannibalized from "Bill" sales and 20% would be offset with "Bare Bone" volume.

How does one go about building an ADT? Simply respond to the following questions.