Opportunity and Carrying Costs
Explore the concepts of opportunity and carrying costs in Rails development to understand their impact on sustainability. Learn to evaluate one-time and ongoing costs when managing code and app maintenance, and how Rails helps reduce these costs for long-lived applications.
We'll cover the following...
We'll cover the following...
Opportunity cost
An opportunity cost is basically a one-time cost to produce something. By committing to work, we necessarily cut off other avenues of opportunity. This cost can be a useful lens to compare two different approaches when trying to perform a cost/benefit analysis. ...