We provide you with a digital calculator to use during your exams, as needed.
Below is a sample of that calculator that you can use to practice on prior to taking your certification exam.
You can practice using an example from our textbook "Mastering Cyber Resilience: From Theory to Practice."
Use the below calculator to calculate the three-year total cost of ownership (3TCO) based upon the following information:
* To operate a give system or control would take two (2) hours per week.
* The hourly rate is $125 per hour.
* The system also charges an annual licensing fee of $7200 per year to operate.
* The implementation cost is $36,000 to acquire the system, 80 hours to implement it, and the implementation labor rate is
How much is the three-year total cost of ownership (3TCO)?
HINT:
The Annual Operating Cost is calculated using the formula: (Annual Renewal Cost) + (Operating Hours × Labor Cost)
The Implementation Cost is calculated using the formula: Acquiring Fee + (Implementation Hours x Labor Rate)
The three-year total cost of ownership (3TCO) is calculated using the formula: [(Implementation Cost) + (Annual Operating Cost x3)
Answer: The total operating cost would be $106,600 to implement this control.