Chapter 5, Problem 19MLM

Explanation of Solution

Total Cost of Ownership (TCO):

• TCO is defined as the estimated original cost of owning particular technology.
• It is performed to analyze the IT infrastructure.
• It is used for predicting the cost of specific technology implementations.
• The management includes the components like hardware, software, maintenance, downtime, training, installing, supporting, acquisition and many such.
• The TCO analysis is used for improving the efficiency and productivity of the management.

Components of total cost of components:

• Hardware cost
  • It includes the total cost of purchasing different types of hardware like monitor.
• Software cost
  • It includes the cost of purchasing the software license for users...