Question: Three different types of boilers are being considered for a new power plant. a. By using the data in Table PI 4-8, recommend a preferred
a. By using the data in Table PI 4-8, recommend a preferred design with each method that was discussed in this chapter for dealing with nonmonetary attributes.
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b. How would you modify your analysis if two or more of the attributes were found to be dependent (example maintenance and product quality).
TABLE P14-8 Data for Problem 14-8 Design Weight A Maintenance cost 0.10 God Excellent Fair 0.15 98% Attributes C Feasible Range Initial cost 0.25 $200,000 $250,000 $175,000 $150,000-250,000 0.30 Good Good Excellent Good-Excellent .20 Good Excellent Good God-Excellent Fair-Excellent Safety Reliability Quality 99% 94% 95-99%
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