Suppose that you are trying to choose which of two IT projects to accept. Your company employs three primary selection criteria
for evaluating all IT projects: (1) proven technology, (2) ease of transition, and (3) projected cost savings.One option, Project Demeter, is evaluated as:Technology highEase of transition lowProjected cost savings highThe second option, Project Cairo, is evaluated as:Technology mediumEase of transition highProjected cost savings highConstruct a table identifying the projects, their evaluative criteria, and ratings. Based on your analysis, which project would you argue in favor of adopting? Why?
1 answer:
Answer:
The explanation of this question is given below in the explanation section.
Explanation:
In this question, it is asked about to select one project among two given project based on the evaluation criteria. These evaluation criteria include:
- Proven technology
- Ease of transition
- Projected cost saving
Based on my analysis, I will select the project cairso because It has high transition and high projected cost saving.
The analysis of these project is shown in attached picture with this solution.
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Answer:
The nominal federal funds rate be changed to 3%
Explanation:
Hi, in order to find the new nominal federal fund rate, we have to use the following equation.
Where:
I = Nominal fed funds rate (what we are looking for)
R*=Real federal funds rate (changed from 1% to 3%, we use 3%)
PI= Rate of inflation (current inflation, in our case, 1%)
PI*=Target inflation (expected inflation, 3%)
Everything should look like this.
I = 3% + 1% + 0.5(1% - 3%)
I = 4% - 0.5(-2%)
I = 4% - 1%
I = 3%
So the nominal federal funds rate should be 3% under this problem´s conditions.
Best of luck.