The plan phase of a SDLC involves designing new system models to satisfy user requirements, either by creating a new model or by modifying existing models

Dynamic pricing is used to:

a. implement bait pricing to get more loyal customers. b. perform price discrimination among its customers. c. raise prices to maximize a company's revenues. d. attain price equilibrium.

Of the following, which work measurement technique is considered to be rather simple and quick to use?

A. Production records technique B. Time study technique C. Predetermined standard time data technique D. Micromotion study technique