A firm has a computer for variety of purposes. One of the major costs associated with the computer is software development. The vice president of information system wants to evaluate whether it is less costly to have his own programming staff or to have programs developed by a software development firm. The costs of both options are a function of the number of lines of code. The vice president estimates that in-house development costs $1.50 per line of code. In addition, annual overhead costs for supporting the programmers equal $30,000. Software developed outside the firm costs on average $2.25 per line of code. How many lines of code per year make costs of the two options equal? If programming needs are estimated at 30,000 lines per year, what are the costs of two options?
A firm has a computer for variety of purposes. One of the major costs associated with the computer is software development. The vice president of information system wants to evaluate whether it is less costly to have his own programming staff or to have programs developed by a software development firm. The costs of both options are a function of the number of lines of code. The vice president estimates that in-house development costs $1.50 per line of code. In addition, annual overhead costs for supporting the programmers equal $30,000. Software developed outside the firm costs on average $2.25 per line of code. How many lines of code per year make costs of the two options equal? If programming needs are estimated at 30,000 lines per year, what are the costs of two options?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A firm has a computer for variety of purposes. One of the major costs associated with the computer is software development. The vice president of information system wants to evaluate whether it is less costly to have his own programming staff or to have programs developed by a software development firm. The costs of both options are a function of the number of lines of code. The vice president estimates that in-house development costs $1.50 per line of code. In addition, annual overhead costs for supporting the programmers equal $30,000. Software developed outside the firm costs on average $2.25 per line of code.
- How many lines of code per year make costs of the two options equal?
- If programming needs are estimated at 30,000 lines per year, what are the costs of two options?
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