You are a software engineering consultant and have been called in by the vice-president for finance of a corporation that manufactures tires and sells them via its large chain of retail outlets. she wants your organization to build a product that will monitor the company’s stock, starting with the purchasing of the raw materials and keeping track of the tires as they are manufactured, distributed to the individual stores, and sold to customers. what criteria would you use in selecting a life-cycle model for the project?

Solution: the categorization of functional and non-functional requirement are as follows: some of the more typical functional requirements include: • business rules• transaction corrections, adjustments and cancellations• administrative functions• authentication• authorization levels• audit tracking• external interfaces• certification requirements• reporting requirements• historical data• legal or regulatory requirementswhile,some typical non-functional requirements are: • performance – for example response time, throughput, utilization, static volumetric• scalability• capacity• availability• reliability• recoverability• maintainability• serviceability• security• regulatory• manageability• environmental• data integrity• usability• interoperability