Determine the long-term cost of operation

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Question: The key to planning technology is the investment in a strategic plan that encompasses not only where an organization is headed, but also defines the organization's current position. The plan, in essence, outlines the pathway between the two. Making it successful depends on how the market is defined, and whether or not the right questions are being asked. To determine the long-term cost of operation and potential revenue generation for each piece of equipment, what factors need to be considered?

Reference no: EM131799862

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