In the original sentence, the phrase "look forward to" is an idiomatic expression that means to anticipate something with pleasure or eagerness. But this phrase does not fit the context of the given sentence. The original sentence intends to convey that the outdated policies should have been addressed and eliminated years ago.
The correct phrase to express this idea is 'phased out'. The phrase "phased out" means 'to discontinue the practice, production, or use of by phases'. In the sentence "phased out" suggests getting rid of the outdated policies.
Option (c) is correct as it uses the correct phrase 'phased out' that suits the context of the sentence.
Other options are not correct because these options use phrases that do not fit the context of the sentence.
"Come up with" suggests creating something new.
"Put up with" means to tolerate something unpleasant.
"Looked out for" implies keeping an eye on something.
Hence, (c) is the correct answer.
The correct sentence is: The outdated policies and procedures should have been phased out years ago.