Assume you are the project manager for the Tidal 2 software project. You have been asked to calculate the expected cost for the project. Your company’s database indicates that developers can handle eight function points each person-month and that the cost per developer at your firm is $6,000 per month. You and your team of five developers have come up with the following requirements: (Round your "Estimated duration" answer to 2 decimal places.) Elements Count Complexity Inputs 15 Low Outputs 9 Low Inquiries 9 High Files 33 Medium Interfaces 23 High Calculate the total number of function points and the estimated cost and duration of the Tidal project? (Use “complexity weighting”). estimated total number of function points estimated cost estimated duration months

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Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.