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Total Cost of Ownership

David Burt, et. al. (2010) described different components of total cost of ownership. Discuss three of these components as they relate to a product or organization of your choosing. Describe why you think that these components are relevant to that product or organization.

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The three different components of cost are acquisition costs, ownership costs and post ownership costs. For this assignment, let us take the case of implementation of a new ERP system in an organization.

The acquisition cost of a new ERP system would include the ...

Solution Summary

Describes components of total cost of ownership.

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